Ground Force Worldwide

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Federal Signal Completes Acquisition of Ground Force Worldwide

OAK BROOK, Illinois, October 4, 2021 — Federal Signal Corporation (NYSE: FSS) (the “Company”), a leader in environmental and safety solutions, today announced that it has completed the acquisition of substantially all the assets and operations of Ground Force Worldwide (“Ground Force”), a leading manufacturer of specialty material handling vehicles that support the extraction of metals. The signing of the purchase agreement was previously announced on September 8, 2021. The transaction involves cash consideration of $45.0 million, subject to post-closing adjustments.

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