RUSHDEN, U.K. — Caterpillar is expanding its remanufacturing business through the purchase of Wealdstone Engineering Ltd., one of Europe’s leading remanufacturers of gasoline and diesel engines. Wealdstone is a privately held company based in the U.K.
Caterpillar Remanufacturing Services (“Cat Reman”) currently has six facilities located in the U.S., Mexico and Europe serving the automotive power train remanufacturing business.
Wealdstone Engineering is located is Rushden, England, and employs more than 100 people. Its business is automotive- and industrial-based, and Wealdstone has been a specialist OEM remanufacturer since 1965. Wealdstone’s largest long-term customers are Ford Europe and the British Ministry of Defence.
The acquisition will be effective September 1, subject to the completion of legal and regulatory requirements.
For more information about Caterpiller, visit: www.cat.com.
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