Cummins absorbs Siemens' commercial vehicles business

Nov. 30, 2022 7:36 AM ETCummins Inc. (CMI)By: Clark Schultz, SA News Editor

Group of business people holding a jigsaw puzzle pieces.


Cummins Inc. (NYSE:CMI) announced on Wednesday that it completed its acquisition of Siemens’ Commercial Vehicles business through its Meritor subsidiary.

The company said the acquisition of a leading global supplier of high-performance electric drive systems for commercial vehicles adds

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