Bapcor Limited (ASX:BAP) signed an agreement to acquire Diesel Drive Pty Limited on November 1, 2019. Bapcor Limited will acquire Truckline business of CNH Industrial N.V. (NYSE:CNHI and Diesel Drive Pty Limited for AUD 48 million. In a related transaction, Bapcor Limited signed an agreement to acquire Truckline business of CNH Industrial N.V. on October 31, 2019. Transaction will be funded through existing debt facility. Diesel Drive Pty Limited had revenue of AUD 13 million. Completion of transaction is subject to satisfaction of customary condition. The transaction is expected to complete by December 2019. In the first full year of operation, (being 2021), the businesses are expected to achieve a return on investment of at least 15% and enhance positively earnings per share.