BBB Industries LLC announced it has completed its acquisition of ATSCO Remanufacturing Inc. BBB first announced plans to buy the business in early May, and was advised by XMS Capital on the transaction.
Founded in 1983 and headquartered in Phoenix, Arizona, ATSCO is a leading remanufacturer of automotive power steering products for the North American aftermarket.
Commenting on the transaction, Don Bigler, CEO of BBB, said, “We are pleased to welcome ATSCO to the BBB family as we continue to pursue growth and market leadership in the power steering product segment to benefit our customers.”