Subscribe Today

October 01, 2006  |   Comments (0)   |   Post a comment

Collins Industries enters into merger agreement


HUTCHINSON, Kan. — Collins Industries, the largest producer of Type A school buses in North America, has entered into a definitive merger agreement with Steel Partners, a private investment partnership in New York.

Steel Partners is purchasing Collins in affiliation with American Industrial Partners, an operationally focused private equity firm.

The transaction is expected to be completed in the fourth quarter of 2006. Collins Industries is the parent company of two school bus manufacturing concerns — Collins Bus Corp. in Hutchinson and Mid Bus Inc. in Bluffton, Ohio.

Collins Industries is also a leading manufacturer of ambulances, terminal trucks and sweepers used in the road construction industry.

The company employs approximately 1,000 people in six plants comprising 1 million square feet of combined space.


Post a Comment

Read more about: Collins Bus Corp.

Request More Info about this product/service/company

Post a comment

Related Stories

Premium Member

Get bus sales numbers, transportation statistics, bus specifications, industry survey results, bus loading and unloading fatality statistics and more in the School Bus Fleet Research Center. Become a premium member today!
Log in Button Register Button


Get breaking news, industry updates, product announcements and more.