Article: Transaxle manufacturer wants US partner. (David Brown Group's US expansion plans)

David Brown Group, the English industrial gears and pumps manufacturer and former producer of David Brown tractors, is considering expansion into the US, possibly through acquisition, to tap into a market described as fragmented but described as worth some $1.2 billion a year. Company advisers are scouting the US for possible takeover candidates or joint venture partners.

The company, based in Yorkshire, England, makes gears and other transmission components for ships, trains, tanks, racing cars and industrial equipment. Three years ago, the company set up a new business, David Brown Transaxles Ltd., specifically to manufacture complete back-end assemblies for AGCO's ...

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