Miller Industries completed the acquisition of Omars for $20.3m.

Miller Industries, a manufacturer of towing and recovery equipment, completed the acquisition of Omars, a designer and manufacturer of towing and recovery vehicles, for $20.3m. "This acquisition is a milestone in our plans to expand our footprint in current and new global markets. As we continue to deploy our capital allocation strategy, we remain open to global growth opportunities, while continuing to return capital directly to our shareholders through our quarterly dividend and our share repurchase program. Omars is a strong strategic fit for Miller Industries. With its modern manufacturing facility, strong sales team, and experienced senior staff, we anticipate that the Omars acquisition will provide benefits to both our top-line growth and our profitability," William G. Miller II, Miller Industries CEO.