Miller Industries Acquires Omars for €17.5 Million

Reuters
2025.12.02 13:18
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Miller Industries, the leading manufacturer of towing and recovery equipment, has acquired Omars - S.p.A, a designer and manufacturer of towing vehicles, for €17.5 million. This acquisition aims to enhance Miller Industries' global market presence and improve growth and profitability. The transaction was completed in cash and is subject to certain adjustments. The news was originally published by Miller Industries via PR Newswire.

Miller Industries, Inc., the world’s largest manufacturer of towing and recovery equipment, has completed the acquisition of Omars - S.p.A, a designer and manufacturer of towing and recovery vehicles. The all-cash transaction was valued at approximately €17.5 million, or $20.3 million, subject to certain pre- and post-closing adjustments. According to Miller Industries’ Chief Executive Officer, William G. Miller II, the acquisition of Omars is expected to strengthen Miller Industries’ presence in global markets and provide benefits to both top-line growth and profitability. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Miller Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY36751) on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)