Federal Signal to Acquire Mega Corp. for $45.5 Million

Reuters
2025.12.18 13:01
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Federal Signal Corporation has agreed to acquire Mega Corp. for $45.5 million in cash. The acquisition includes Mega's manufacturing facility in Albuquerque and is expected to close in Q1 2026. Mega, which generated $40 million in net sales for 2024, will enhance Federal Signal's specialty vehicle platform and presence in the metal extraction market. The deal is anticipated to be accretive to earnings and cash flow in 2026.