Maintenance

Mergers & Acquisitions

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September 29, 2014 - Industry News

Meritor Sells Mascot Brand to Investor Group

Mascot transmission remanufacturing. File photo: Jim Park

Meritor has sold its Mascot operations in Canada and the United States to an entity that will operate under the name Mascot Industries LLC. All other Meritor brake and trailer axle remanufacturing operations, as well as Meritor's distribution business, are not affected by the sale and will continue to operate as usual.

Tags: Canada, Aftermarket Parts, Meritor, Remanufacturing, Mergers & Acquisitions

August 20, 2014 - Industry News

McCarthy Tire Acquires Terry-Haggerty Tire

McCarthy Tire Service Co. Inc. purchased Terry-Haggerty Tire Co. from Jim and Tom Terry in a transaction that closed Aug. 11.

Tags: Tires, Retreads, New York, Bandag, Mergers & Acquisitions

August 11, 2014 - Industry News

FleetPride Acquires Republic Diesel Truck Parts and Service

Photo: FleetPride

FleetPride has acquired the Republic Diesel truck parts and service business, expanding the company’s presence in Indiana and Kentucky.

Tags: FleetPride, Mergers & Acquisitions, Service Center, Republic Diesel, Parts, Aftermarket

December 12, 2013 - Industry News

Allstate Peterbilt Group Acquires Steussy Diesel

Minnesota-based Allstate Peterbilt Group is has acquired Steussy Diesel in Alexandria, Minn., and is expanding the parts store into a full-service shop. Effective in January, Steussy Diesel will become Allstate Peterbilt of Alexandria.

Tags: Allstate Peterbilt, Mergers & Acquisitions, Dealers, Aftermarket Parts

August 6, 2013 - Industry News

Accuride Completes Sale of Imperial Group

Accuride Corp. has completed the sale of substantially all of the assets of its Imperial Group business to Imperial Group Manufacturing Inc., a new company formed and capitalized by Wynnchurch Capital for total cash consideration of $30 million at closing, plus a contingent earn-out totaling up to $2.25 million.

Tags: Accuride, Mergers & Acquisitions, Wynnchurch Capital, Imperial Group, Wheels

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