The Shyft Group, Inc. successfully merged with Aebi Schmidt Holding AG.
The combined company, now operating as Aebi Schmidt Group, said it is strategically positioned in the specialty vehicles sector, with expanded reach across North America and Europe, complementary product portfolios and enhanced operational capabilities.
The Shyft Group is the parent company of motorhome chassis supplier Spartan RV Chassis.
Aebi Schmidt Group CEO Barend Fruithof said, “This merger brings together deep engineering expertise, strong customer relationships and a shared focus on delivering essential solutions for infrastructure and mobility.”
James Sharman, chairman of the board of Aebi Schmidt Group, said, “This marks the start of an exciting new chapter for Shyft. By having Shyft and Aebi Schmidt join forces, we are creating an organization with the scale, diversity and operational strength to lead in the evolving specialty vehicle industry.”
The company said its combined leadership team, headed by Fruithof and Sharman, brings together expertise from both legacy organizations, and is focused on ensuring a seamless integration and sustained performance moving forward.
In connection with the merger, Shyft’s common stock has been delisted from the NASDAQ.
