Oshkosh Corp. Acquires Pratt Miller

OSHKOSH, Wis. – Oshkosh Corp has announced that it has entered into an agreement to acquire Pratt Miller, which specializes in advanced engineering, technology and innovation across the motorsport and multiple ground vehicle markets, for a cash-free, debt-free purchase price of $115 million. Pratt Miller, which operates the Corvette Racing sports car program, will maintain its name, team members, facilities and branding elements. “We look forward to welcoming the Pratt Miller team to Oshkosh Corporation,” said John Pfeifer, Oshkosh Corp. President and Chief Operating Officer. “We believe combining Pratt Miller’s engineering expertise with Oshkosh’s innovation and operational strengths will enable us to better serve customers and position our Company for growth.”. “Pratt Miller’s motorsports heritage has created a culture of speed, agility, and innovation, which has defined our success.

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