“This transaction allows us to accelerate our expansion in the United States by servicing one of the fastest growing industrial distributors in the country,” said Marc-André Aubé, president and chief operating officers of Walter Surface Technologies.
The sale is part of Doncasters’ efforts to drive growth in its business by focusing on its core specialized markets: specialty automotive, aerospace and industrial gas turbine.
The agreement will fund the ongoing development of the company’s platform and support new client deployments.
Under the agreement, VIPAR Heavy Duty will offer the complete line of Dayton Parts products through VIPAR Heavy Duty and its entire family of companies.
Under the agreement, VIPAR Heavy Duty will offer a portfolio of Meritor products through the VIPAR Heavy Duty network and its family of companies.
The signed agreement marks the start of a concrete collaboration aimed at creating new types of value for future mobility and achieving further sustainable growth.
This deal will bring the brand into Nebraska and Iowa and further expand its presence throughout Kansas.