Snap-on has acquired the assets of Ecotechnics S.p.A. for approximately $13 million in cash.
Based in Sesto Fiorentino, Italy, Ecotechnics designs and manufactures automatic vehicle air conditioning maintenance equipment for OEM dealerships and the automotive aftermarket worldwide. The company had 2014 sales of approximately €12.4 million, or $13.6 million USD.
Ecotechnics will become part of the Snap-on’s Repair Systems & Information Group.
The HELLA BLADE Series combines powerful illumination with innovative features for the ultimate driving experience, the company said.
HELLA announced the introduction of its all-new HELLA BLADE LED 6” Series Auxiliary Lights, now available exclusively to the US and Canadian markets. Designed to meet the toughest demands of the most challenging off-road conditions, the HELLA BLADE Series combines powerful illumination with innovative features for the ultimate driving experience, the company said.
Axalta Coating Systems has signed a definitive agreement to acquire Transtar Holding Company’s subsidiary The CoverFlexx Group.
Commercial ADB adoption rates in Class 6-8 vehicles are now up over 50%, according to Bendix.
Chairman, President and CEO Selwyn Joffe discusses what he’d like the aftermarket to know about Motorcar Parts of America.
A new DPF differential pressure sensor, engine oil dipsticks and fuel injector wiring harnesses designed to match OEM spec.
Pierluigi Cumo, VP of B2B products at Michelin North America, discusses commercial tire expectations for the remainder of the year.
The release covers brand-new records – those not yet in existence at the time of the previous release – as well as updates to existing records, covering OEM changes to existing vehicles, the company said.
Complete strut assemblies, shock absorbers, shock absorber assembly kits and suspension struts for some of the most popular VIO applications are included in the release, FCS said.
Sales from continuing operations of $389 million grew 13%, driven by system-wide same store sales growth of 7.7%, Valvoline said.
