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Federal Signal to Expand its Specialty Vehicle Platform by Executing Agreement to Acquire TowHaul Corporation

OAK BROOK, Illinois, September 7, 2022 — Federal Signal Corporation (NYSE: FSS) (the “Company”), a leader in environmental and safety solutions, today announced the signing of a definitive agreement to acquire substantially all the assets and operations of TowHaul Corporation (“TowHaul”), a leading manufacturer of off-road towing and hauling equipment, for cash consideration of $46.1 million, subject to post-closing adjustments. The purchase price includes the acquisition of TowHaul’s manufacturing facility in Belgrade, Montana.  

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