AP Emissions Technologies (AP) has been acquired by Marmon Holdings Inc., a Berkshire Hathaway company, effective Jan. 1, 2023.
A leading innovator of emissions control products serving the North American automotive aftermarket, AP joins Marmon after working closely together on this strategic acquisition.
Founded in 1927, AP is known for high-quality emissions products and is a vertically integrated manufacturing operation headquartered in Goldsboro, North Carolina. With plants in Hobart, Indiana, and Langhorne, Pennsylvania, the company employs more than 750 people.
Marmon Holdings comprises more than 100 businesses serving diverse industries and markets worldwide, with more than 25,000 employees and annual revenues exceeding $10 billion.
“Marmon was the right buyer for our employees, our customers and our suppliers to take AP to the next level and carry on the company mission,” said previous owner Vange Proimos. “AP and Marmon have the same principles: investing in its most valuable asset, its people, while remaining focused on developing category leading innovations for the customer.”
The AP management team will continue to lead the business under the leadership of Rich Biel, president and longtime Marmon executive. “I am excited to work with Gary Nix and the whole AP team as we begin this new chapter of an outstanding company,” said Biel. “As part of Marmon, AP will accelerate investments in innovation and automation to make our products even better and grow in value to our customers.”
