Strategic Acquisition of Dana Incorporated’s Off-Highway Business by Allison Transmission: Background, Financials, and Impact
Strategic Acquisition of Dana Incorporated’s Off-Highway Business by Allison Transmission: Background, Financials, and Impact Background Story The Competition Commission of India (CCI) approved Allison Transmission Holdings Inc.’s acquisition of Dana Incorporated’s off-highway business (Dana OH) on September 10, 2025 . ( TaxTMI ) On June 11, 2025 , Allison entered into a definitive agreement to acquire Dana OH for approximately $2.7 billion . ( allisontransmission.com , DANA , Reuters ) Dana OH supplies drivetrain, transmission, and propulsion solutions for off-highway industries (construction, agriculture, mining, forestry, etc.) and operates in over 25 countries with around 11,000 employees. ( allisontransmission.com , DANA , Reuters ) Introduction of this Acquisition Allison, predominantly focused on on-highway commercial vehicle propulsion systems, is acquiring Dana’s off-highway business to expand into that segment. ( allisontransmission.com , DANA , Reuters ) The deal is st...