DAILY NEWS Feb 19, 2013 9:45 AM - 0 comments

Dayco Expands Global Footprint in Tensioner, Pulley Manufacturing

TEXT SIZE bigger text smaller text
AUTOSERVICEWORLD.COM

Dayco has announced the acquisition of the Nytron Group, a Brazilian-based leading manufacturer of drive belt and timing tensioners, pulleys and hydraulic actuators for the automotive aftermarket. Alone, Nytron is the largest manufacturer of tensioners and pulleys in South America.

With the completion of this acquisition, Dayco becomes the market leader in tensioners and pulleys with the largest market share in South America. The acquisition will also allow Dayco to significantly strengthen its position in the South American automotive belt market.

“Expanding our global footprint ensures our leadership position is maintained in the tensioner and pulley markets,” said Ed Rammel, president of the North American and Australian Aftermarket divisions of Dayco. “This acquisition is another step forward in the continued evolution of our global strategic plan.”

Nytron will also provide the Dayco North American Aftermarket access to additional parts, improving Dayco’s product offering and coverage. Vertically-integrated manufacturing ensures Dayco will continue to be first to market for drive belt and timing components.

Nytron operates two production plants, one of which is primarily dedicated to aluminum die casting operations. The aluminum die casting operation will offer synergies and opportunities for Dayco’s worldwide OE, heavy duty and aftermarket divisions.  For more information about Dayco visit www.dayco.com.

Monitor These Topics


Horizontal ruler
Horizontal Ruler

Post A Comment

Disclaimer
Note: By submitting your comments you acknowledge that Automotive Service World has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *



* mandatory fields