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Cloyes Gear & Products Acquires Rotomaster to Drive Growth and Expand Market Presence

2023-11-05 05:00:36.818000

Cloyes Gear & Products, a global leader in timing drive systems and components for the automotive aftermarket, has acquired Rotomaster, a leading turbocharger and component specialist. The acquisition will drive growth and expansion for both companies and expand Cloyes' market presence. Rotomaster covers over 75% of the addressable vehicles-in-operation (VIO) today, which will increase Cloyes' customer base. Both companies have a reputation for high-quality products and manufacturing standards. Cloyes will be attending AAPEX in Las Vegas to showcase the acquisition and its service offerings.[f091667d]

Premium Transmission, a leading name in the power transmission industry, is set to launch two groundbreaking products: PTXL Fluid Coupling and XE Geared Motor under the Xccelrator brand. The company has a legacy spanning over six decades and offers a wide range of power transmission products. They are committed to innovation, quality, and customer satisfaction. Premium Motion, their subsidiary, focuses on advanced solutions like slew drives and solar panel cleaning robots. Premium Care ensures comprehensive after-sales support and service. The company's dedication is driven by their customers' evolving needs.[119480e4]

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