Titan International to Sell ITM Business for $207 Million to Reduce Debt

Key Facts

1Titan International agreed to sell its Italtractor ITM undercarriage business to USCO for $207 million in cash.

2The deal includes a potential earnout of up to $6 million based on 2026 performance.

3The deal is expected to close in January 2027, with proceeds intended for debt reduction.

Titan International agreed to sell its Italtractor ITM undercarriage business to USCO for approximately $207 million in cash. TradingView reported that the deal includes a potential earnout of up to $6 million based on 2026 performance, with the transaction expected to close in January 2027.

The company intends to use the sale proceeds to reduce debt and fund strategic growth initiatives. TWI closed at $7.07 on September 25, 2026, having traded between a low of $7.02 and a high of $7.17 during that session.