Titan International To Sell ITM Undercarriage Business to USCO for $207 Million, Plus Earnout

Titan International entered into a Sale and Purchase Agreement to sell all equity interests of Italtractor ITM to USCO for approximately $207 million in cash, plus up to about $6 million in an earnout tied to 2026 performance, subject to customary adjustments. Closing is expected in January 2027, p…