--- title: Federal Signal Corporation Announces Completion of Sale of Bronto Skylift description: OAK BROOK, Ill., Jan. 29, 2016 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today completed the sale of its Bronto Skylift business to Morita Holdings Corporation (TYO:6455), as previously announced on December 11, 2015.  --- [![Federal Signal](https://www.federalsignal.com/hs-fs/hubfs/logo-Fedsig-name.png?width=800&height=151&name=logo-Fedsig-name.png "Federal Signal")](https://federalsignal.com) [[![](https://www.federalsignal.com/hubfs/logo-Fedsig.svg)](https://www.federalsignal.com/) ![](https://www.federalsignal.com/hubfs/fed-sig-wordmark-tag-1.svg) ](https://www.federalsignal.com/home) ** [![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0) ** ** [![Federal Signal](https://www.federalsignal.com/hs-fs/hubfs/logo-Fedsig-name.png?width=800&height=151&name=logo-Fedsig-name.png "Federal Signal")](https://federalsignal.com) ** [![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0) ** ** [![Federal Signal](https://www.federalsignal.com/hs-fs/hubfs/logo-Fedsig-name.png?width=800&height=151&name=logo-Fedsig-name.png "Federal Signal")](https://federalsignal.com) ** [![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0) ** ** Search **Menu** ** ** #### **[HOME](https://www.federalsignal.com)** [![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0) [**Federal Signal News](https://www.federalsignal.com/fs-news) ### Federal Signal Corporation Announces Completion of Sale of Bronto Skylift by [Admin](https://www.federalsignal.com/fs-news/author/admin), on Jan 29, 2016 12:00:00 AM **OAK BROOK, Ill., Jan. 29, 2016 —** Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today completed the sale of its Bronto Skylift business to Morita Holdings Corporation (TYO:6455), as previously announced on December 11, 2015.  Bronto was the only remaining operation in Federal Signal's Fire Rescue Group. With completion of the transaction, Federal Signal will no longer operate the Fire Rescue Group. The consolidated financial statements to be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 will present the Fire Rescue Group as a discontinued operation. "We would again like to thank all of the talented employees of Bronto for their commitment and dedication," said Dennis J. Martin, Federal Signal's Executive Chairman. "We wish Morita and the Bronto team the very best as they build the future success of the business." "We believe strongly that this sale maximizes the value of Bronto for the benefit of our shareholders. It allows us to focus on our core businesses, as we pursue strategic acquisition opportunities and redeploy our capital more effectively," said Jennifer L. Sherman, Federal Signal's Chief Executive Officer. "When we provided our revised earnings outlook for 2015 after our third quarter, we were expecting Bronto to contribute about $0.03 per share for the year."  Bronto is a leading manufacturer and supplier of sophisticated, vehicle-mounted, aerial platforms for fire fighting, rescue and industrial applications.  It manufactures its products in Finland and sells globally under the Bronto Skylift® brand.  Its net sales and operating income for the twelve month period ended September 30, 2015 were $131.9 million and $6.2 million, respectively. [View](https://www.federalsignal.com/hubfs/2016-01-29_fsc_announces_completion_of_sale_of_bronto_skylift.pdf) the complete release here Topics:[Bronto](https://www.federalsignal.com/fs-news/topic/bronto)[divestitures](https://www.federalsignal.com/fs-news/topic/divestitures) ## Comments ## Safe Harbor ### “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995 Information on our website may contain unaudited financial info and various forward-looking statements as of the date hereof and we undertake no obligation to update these forward-looking statements regardless of new developments or otherwise. Statements included in information on our website that are not historical are forward-looking statements. Such statements are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Such risks and uncertainties include but are not limited to: economic and political uncertainty, risks and adverse economic effects associated with geopolitical conflicts, legal and regulatory developments, foreign currency exchange rate changes, inflationary pressures, product and price competition, supply chain disruptions, availability and pricing of raw materials, interest rate changes, risks associated with acquisitions such as integration of operations and achieving anticipated revenue and cost benefits, work stoppages, increases in pension funding requirements, cybersecurity risks, increased legal expenses and litigation results and other risks and uncertainties described in filings with the Securities and Exchange Commission. **Contact**: Ian Hudson, Chief Financial Officer, +1-630-954-2000, [IHudson@federalsignal.com](mailto:IHudson@federalsignal.com) [![logo-FederalSignal](https://www.federalsignal.com/hubfs/logo-Fedsig.svg "logo-FederalSignal")](https://www.federalsignal.com/home) 1333 Butterfield Road Suite 500 Downers Grove, IL 60515 [Contact Us](https://6860826.hs-sites.com/contact-us) Copyright © 2026 Federal Signal Corporation. All Rights Reserved. [Safe Harbor](https://www.federalsignal.com/fs-news/federal-signal-corporation-announces-completion-sale-bronto-skylift#popup) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Admin", "url" : "https://www.federalsignal.com/fs-news/author/admin" }, "dateModified" : "2022-09-01T20:41:24.572Z", "datePublished" : "2016-01-29T06:00:00.000Z", "headline" : "Federal Signal Corporation Announces Completion of Sale of Bronto Skylift", "mainEntityOfPage" : { "@id" : "https://www.federalsignal.com/fs-news/federal-signal-corporation-announces-completion-sale-bronto-skylift", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.federalsignal.com/hubfs/MRL%20Equipment/logos/federal_signal_logo_red.png" }, "name" : "Federal Signal" } } ```