Federal-Mogul Motorparts Acquires Beck/Arnley SO
Post# of 301275
SOUTHFIELD, Mich., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corporation (NASDAQ: FDML ), today announced the acquisition of the Beck/Arnley brand and certain associated assets. Based in Smyrna, Tenn., Beck/Arnley is a leading provider of premium OE quality parts and fluids for foreign nameplate vehicles in North America. The announcement marks a significant product line expansion that is consistent with Federal-Mogul Motorparts’ strategy to deliver the broadest range of high quality products to the global independent aftermarket.
The acquisition, which is effective immediately, adds several complementary product lines to the Federal-Mogul Motorparts product portfolio, such as Beck/Arnley fluids, engine management, cooling, electrical parts and electronic components. In addition, the acquisition adds additional foreign nameplate coverage to Federal-Mogul Motorparts’ current offerings. To ensure continued operational excellence, Beck/Arnley will maintain its own team and independent distribution organization in Smyrna.
“We welcome the employees of Beck/Arnley to the Federal-Mogul Motorparts team. With this acquisition, we’re adding a recognized and successful foreign nameplate brand to Federal-Mogul’s existing globally-recognized brand portfolio,” said Paul Stanecki, vice president, quality & aftermarket solutions, Federal-Mogul Motorparts. “We’re also adding a nimble, successful organization to our own, which will help us continue to meet the needs of automotive service providers, who will now benefit from the addition of well-respected Beck/Arnley products to Federal-Mogul Motorparts’ extensive product portfolio. Federal-Mogul Motorparts also brings its research and development, engineering, global sourcing, sales and marketing capabilities to the table, which we believe will expand Beck/Arnley’s reach and presence in the market.
“Through the combination of our two organizations, our customers will now have streamlined access to OE-pedigree parts from Federal-Mogul Motorparts’ global operations, thus expanding and strengthening Beck/Arnley’s OE quality product offerings which are so critical to the foreign nameplate market,” Stanecki added.
About Beck/Arnley Beck/Arnley is exclusively dedicated to supporting its distribution partners who service the foreign nameplate repair and maintenance market. Beck/Arnley supplies wholesale distributors, who sell to jobbers, and retailers. Founded in 1914, Beck/Arnley's broad product offering for the aftermarket is organized into six modules: Brake & Chassis, Electrical, Clutch & Driveline, Engine Management, Engine Parts & Filtration and Cooling Systems. Beck/Arnley now sells genuine OE quality fluids sourced directly from OEM suppliers. Headquartered near Nashville, Tenn., Beck/Arnley researches, sources and delivers parts to resellers through its Master Distribution Center in Smyrna, Tenn. and strategically located satellite distribution centers across North America. Additional information is available at www.beckarnley.com , www.beckfluids.com and www.facebook.com/beckarnley
About Federal-Mogul Federal-Mogul Holdings Corporation (NASDAQ: FDML ) is a leading global supplier of products and services to the world’s manufacturers and servicers of vehicles and equipment in the automotive, light, medium and heavy-duty commercial, marine, rail, aerospace, power generation and industrial markets. The company’s products and services enable improved fuel economy, reduced emissions and enhanced vehicle safety.
Federal-Mogul operates two independent business divisions, each with a chief executive officer reporting to Federal-Mogul's Board of Directors.
Federal-Mogul Motorparts sells and distributes a broad portfolio of products through more than 20 of the world’s most recognized brands in the global vehicle aftermarket, while also serving original equipment vehicle manufacturers with products including braking, wipers and a range of chassis components. The company’s aftermarket brands include ANCO ® wipers; BERU ® * ignition systems; Champion ® lighting, spark plugs, wipers and filters; Interfil ® filters; AE ® , Fel-Pro ® , FP Diesel ® , Goetze ® , Glyco ® , Nüral ® , Payen ® and Sealed Power ® engine products; MOOG ® chassis components; and Ferodo ® , Jurid ® and Wagner ® brake products and lighting.
Federal-Mogul Powertrain designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications.
Federal-Mogul was founded in Detroit in 1899 and maintains its worldwide headquarters in Southfield, Michigan. The company employs nearly 50,000 in 34 countries. For more information, please visit www.FMMotorparts.com .
*BERU is a registered trademark of BorgWarner Ludwigsburg GmbH
CONTACT: Drew Shippy (Pinnacle Media) – 330.687.4053 drew@pinnmedia.com Karen Shulhan (Federal-Mogul Motorparts) – 248.354.4383 karen.shulhan@federalmogul.com
(0)
(0)