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Synopsis
Federal Signal Corporation, a company specializing in environmental and safety solutions, completed the acquisition of Mega, a manufacturer of specialty vehicles and equipment for use in global metal extraction and construction markets. Financial terms were not disclosed. "Mega represents a compelling strategic fit that enhances our depth in the global metal extraction support equipment market. The combination of Mega with our existing Ground Force and TowHaul businesses strengthens our specialty vehicle platform and positions us to capture significant growth opportunities through a complementary product portfolio, shared customer base, and enhanced global reach," Jennifer L. Sherman, Federal Signal President and CEO.
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