Miller Industries to Host 1x1 Investor Meetings at the 23rd Annual D.A. Davidson Diversified Industrials & Services Conference on September 19th in Nashville, TN
Investor Meetings Announcement: Miller Industries, Inc. will hold one-on-one meetings with investors at the D.A. Davidson Diversified Industrials & Services Conference on September 19, 2024, in Nashville, TN.
Company Overview: Miller Industries is recognized as the world's largest manufacturer of towing and recovery equipment, offering products under various well-known brands such as Century®, Vulcan®, and Chevron™.
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Miller Industries Acquires Omars for $20.3 Million to Expand European Market
- Acquisition Deal: Miller Industries has completed the all-cash acquisition of Italy's Omars for approximately €17.5 million ($20.3 million), which is expected to enhance its market share in Europe and improve manufacturing flexibility.
- Market Expansion: With Omars generating annual revenue of about $27 million, this acquisition will provide Miller Industries with additional capacity to meet growing customer demands, thereby driving revenue growth.
- Strategic Fit: Omars boasts a modern manufacturing facility and a strong sales team, which is anticipated to synergize with Miller Industries' existing resources, enhancing overall profitability and competitive positioning.
- Global Growth Strategy: CEO William Miller stated that this acquisition marks a significant milestone in the company's plans to expand into global markets, reflecting a continued commitment to its capital allocation strategy.









