“To create a long term legacy, consistent with our core values, through reinvesting in people, plant, and processes, while creating valuable growth with like-minded people.”

• US commercial vehicle manufacturer Navistar becomes part of the TRATON GROUP following successful closing
• The TRATON GROUP now holds all Navistar common shares
• Navistar is to be delisted and deregistered with the SEC during July 2021
• The purchase price was approximately 3.7 billion USD

Munich, July 1, 2021 – The TRATON GROUP is welcoming a new member of the family: Navistar. The certificate of merger that was submitted today successfully completes the closing and means that the merger between the US commercial vehicle manufacturer and TRATON is complete. The TRATON GROUP now holds all Navistar common shares. Navistar is to be delisted and deregistered with the SEC during July 2021. The addition of Navistar as the newest member of the TRATON GROUP marks the beginning of a new era.

“Today is a sensational day for the TRATON GROUP and for our new colleagues at Navistar joining the global TRATON family. From this day on, we will be working side by side to bring sustainable transportation of the future one step closer. This is something the entire group is looking forward to,” said TRATON CEO Matthias Gründler, adding: “The fact that this merger has been implemented so quickly and smoothly, despite the obstacles presented by the COVID-19 pandemic, is testament to the impressive team work on both sides of the Atlantic. I would like to thank each and every one involved.”