Affinia Acquires Brake Pro Assets

Affinia Group Inc announced that it has acquired certain assets of Brake Pro, Ltd., Ontario, Canada, under the Companies’ Creditors Agreement Act of Canada.
Among other items, the purchase includes manufacturing equipment, friction formulations and unrestricted rights to the brand name. Financial terms of the transaction, which was completed on November 7, 2007, were not disclosed.
Affinia is in the process of relocating the physical assets to its own North American manufacturing facilities, and will resume production of the Brake Pro product line. Affinia expects to have Brake Pro brand product offerings in the marketplace as quickly as possible after the asset transition and manufacturing integration is complete.
“The Brake Pro name is highly respected in the industry because of the consistently high performance of their proprietary friction products.
“The Brake Pro line will enhance our existing brake block and medium duty product offerings. More importantly it will put us back into the heavy duty segment, and the Brake Pro line will give us a great product offering for severe duty applications such as waste handling equipment, logging equipment, construction vehicles and transit applications,” said John R. Washbish, President of Affinia’s Under Vehicle Group. Washbish went on to say, “The market can expect to see Brake Pro product from us as quickly as we can reset the equipment.”