About Meritor
Meritor is a company based in Troy (United States) founded in 1909 was acquired by Cummins in February 2022. The company has 120 employees as of April 02, 2024. Meritor has completed 4 acquisitions, including AA Gear & Manufacturing, AxleTech and Euclid Industries. Meritor operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Troy, United States
- Employees 120 as on 02 Apr, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Meritor Commercial Vehicle Systems India Private Limited
- Date of Incorporation 11 Sep, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$6.92 M (USD)6.16as on Mar 31, 2023
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Net Profit
$840.37 K (USD)3.14as on Mar 31, 2023
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EBITDA
$1.42 M (USD)-2.75as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
120
as on Apr 02, 2024
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Investments & Acquisitions
AA Gear & Manufacturing
& 3 more
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Acquired by
Cummins
(Feb 22, 2022)
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People of Meritor
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Software Development Team
326 people
Leadership Team
98 people
Sales and Marketing
60 people
Product Management Team
52 people
Finance and Accounting
37 people
Senior Team
35 people
Human Resources and Administration
28 people
Operations Team
28 people
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Funding Insights of Meritor
Detailed funding history for Meritor
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Investors in Meritor
Meritor has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cummins.
| Investor | Description | Founded Year | Domain | Location |
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Manufacturer of gas-powered construction equipment
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Locked | Locked | Locked |
Investor details for Meritor
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Investments & Acquisitions by Meritor
Meritor has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AA Gear & Manufacturing, AxleTech and Euclid Industries.
Investment portfolio details for Meritor
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Electric drive systems for commercial vehicles and battery energy storage systems
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Locked | Locked | 2010 | Locked | |
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Axle components, brakes, and aftermarket parts are manufactured and supplied.
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Locked | Locked | 2002 | Locked | |
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Provider of high volume machining, manufacturing, shipping container management, and other services
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Locked | Locked | 1978 | Locked |
Complete acquisition details for Meritor
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Financial Statements - Meritor
Detailed financials for Meritor
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Meritor Comparisons
Peer comparison for Meritor
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Competitors of Meritor
Meritor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| Locked | Locked | Locked |
Manufacturer of gas-powered construction equipment
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| Locked | Locked | Locked |
Systems and components for the automotive industry are supplied worldwide.
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| Locked | Locked | Locked |
Manufacturer of bearings for the automotive industry
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| Locked | Locked | Locked |
Automotive products and services are supplied globally to automakers.
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| Locked | Locked | Locked |
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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Detailed competitors of Meritor
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Latest news on Meritor
Complete news archive for Meritor
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Frequently Asked Questions about Meritor
Meritor was founded in 1909.
Meritor is headquartered in Troy, United States.
As of Apr 02, 2024, the latest employee count at Meritor is 120.
Annual revenue of Meritor is $6.92M as on Mar 31, 2023.
Meritor was founded in 1909 and is headquartered in Troy, United States. Drive and motion technologies are developed and supplied to original equipment manufacturers and aftermarket customers. Axles, drivelines, braking systems, and suspension components are produced for medium- and heavy-duty trucks, as well as commercial and industrial vehicles, supporting global fleet operations in the transportation sector.
Meritor's top competitors include Cummins, Valeo and Cooper Standard.
Meritor has made 4 acquisitions, including AA Gear & Manufacturing, AxleTech, and Euclid Industries.
Meritor has 1 investor. Key investors include Cummins.