- Transaction Value
- January 06, 2015
- Financial Advisor to General Dynamics on the divestiture of AxleTech International to The Carlyle Group
Global alternative asset manager The Carlyle Group (NASDAQ: CG) has acquired AxleTech International, a global engineering and manufacturing company for off-highway and specialty vehicle drivetrain systems and components headquartered in Troy, Michigan, from General Dynamics Corporation. Terms of the transaction were not disclosed.