Hadley, a supplier of quality components and solutions for the Class 5-8 truck and tractor, trailer and specialty vehicle markets, announced the sale of its transit mirrors product line and related operations in Elkhart, Indiana. The acquirer, Safe Fleet, a division of The Sterling Group, is headquartered in Belton, Missouri, and operates businesses in the commercial vehicle market. Brands include: Pretoria, SMI, Prime Design, ROM, Bustin, SpecFlor, Transpec and FoamPro. Hadley is headquartered in Grandville, Michigan, and will continue to develop its full line of transit interiors, air horns, suspension controls and mirror systems for heavy-duty customers.
During 11 years of ownership, Hadley leveraged its brand and technology to become a market leader for transit mirrors. The Elkhart-based team has built a reputation for designing advanced mirror configurations, providing a safer experience for the driver and passengers, according to Thomas Bronz, president of Hadley.
“We are very proud of the team and products produced in Elkhart. The mirror product line is a strategic fit in Safe Fleet’s existing portfolio. Its reputation in the transit market generated the interest from The Sterling Group,” said Bronz. “The transit mirror operation is a vibrant business with a strong management and great opportunities.”
The Sterling Group has a 30-year history of supporting operational improvements by providing a network of organizational resources to their companies. They currently have two other companies in Elkhart.
Hadley’s team will continue to design, manufacture and distribute interior systems and innovative suspension control solutions such as the SmartValve and the Smart Air Management System. These advanced air suspension control systems are providing fleet customers solutions, by improving driver safety, comfort, productivity and retention.
