Cardone Industries has announced its acquisition of B.C.-based ADP Distributors.
ADP is the parent company of Rotomaster, a new and re-manufacturer of turbochargers, cartridges, service kits and components. It’s headquartered in Surrey, B.C., with offices in Arizona and Spain.
Cardone said the acquisition makes them the largest aftermarket operator in this space.
“Like Cardone, Rotomaster is a brand that is known for its quality and reliability,” said Stan Gowisnock, chief executive officer at Cardone. “ADP is also a rapidly growing business. Over the coming months, we’ll be looking at ways we can partner with ADP to amplify its growth trajectory by leveraging our extensive resources.”
Rotomaster’s products cover car, light-duty vehicle, off-road and marine applications, all of which will help boost Cardone’s offerings.
“The addition of Rotomaster not only increases our turbo manufacturing capabilities, but it provides Cardone with valuable inroads to new markets outside the automotive aftermarket,” Gowisnock said.
The company also announced that Rotomaster’s general manager, Garret Wiebe, stay on in his role and lead the new Cardone division. He will also expand his leadership role and report to Gowisnock.
“We’re excited to begin this new era for ADP and Rotomaster,” Wiebe said, adding that it’s a natural fit between Cardone’s culture and that of Rotomaster. “Its infrastructure and years of industry experience and best practices will help us take our products and services to the next level and beyond.”
Gowisnock also praised Rotomaster’s culture of innovation and entrepreneurship. That, he added, will help boost Cardone’s speed to market thanks to new strategies created added depth in their product lines.
“This is a big step forward in our growth as a premium, full-service provider to all of our existing aftermarket partners, as well as new channels,” he said.