Core Viewpoint - Federal Signal Corporation has signed a definitive agreement to acquire Mega Corp for $45.5 million, enhancing its position in the global metal extraction support equipment market [1][3]. Group 1: Acquisition Details - The acquisition price of $45.5 million is subject to post-closing adjustments and includes Mega's manufacturing facility located in Albuquerque, New Mexico [1]. - The transaction is expected to be accretive to earnings and cash flow in 2026, with completion anticipated in the first quarter of 2026, pending customary closing conditions [5]. Group 2: Company Background and Market Position - Mega has been recognized for nearly 50 years for its durable, high-performance water distribution equipment and specialty haulage equipment, establishing a strong market presence in key international markets [2]. - In 2024, Mega generated net sales of approximately $40 million, with aftermarket parts accounting for about 30% of these sales [4]. Group 3: Strategic Fit and Future Outlook - The acquisition is seen as a strategic fit with Federal Signal's existing Ground Force and TowHaul businesses, enhancing its specialty vehicle platform [3]. - The company anticipates significant growth opportunities through a complementary product portfolio, shared customer base, and enhanced global reach, along with the integration of Mega's approximately 95 team members [4].