Niagara On The Lake, Ontario, Canada — MAHLE Clevite Canada has completed the purchase of Canadian Engine Parts 1 Inc. Engine Parts 1 currently serves the Canadian engine parts market with five warehouses located across the country. This acquisition transfers ownership to MAHLE Clevite Canada.
According to MAHLE Clevite, this acquisition enables the company to position itself to better service the needs of the Canadian engine parts market. Additionally, the acquisition supports the implementation of value-added initiatives allowing the company to focus directly on servicing the engine parts aftermarket in concert with its customer base.
Commenting on the acquisition, Michael Tate, MAHLE Clevite General Manager said, "The acquisition of Engine Parts 1 is a great arrangement for our customers. It allows us to deliver our premier engine parts, combined with the utmost level of service and engine expertise that we are known for."
For more information about MAHLE Clevite, go to: www.mahleclevite.com.