Dayco Products, LLC announced the acquisition of Metavation and the damper portion of EPTEC from Revstone.
Metavation is a North American-based manufacturer of crankshaft damper pulleys with a research and development center in Hillsdale, Mich.; manufacturing operations in Mount Pleasant, Vassar, and Hillsdale, Mich., and San Luis Potosi, Mexico; as well as a corporate headquarters office in Southfield, Mich.
Dayco is a global producer of engine drive systems, accessory drive systems, and crankshaft dampening systems for the passenger car and commercial vehicle market and is a dominate supplier to the global independent aftermarket. Products include timing belts, accessory drive belts, tensioners, damper devices for front and rear crankshaft NVH management, and valve and actuator solutions.
“The purchase of Metavation completes our global strategy in damper solutions and brings a product to the Dayco North American portfolio that strengthens both our engineering and manufacturing product base,” said Jim Orchard, chief executive officer for Dayco.
“Dayco is excited to enter the North American damper business and will begin the assimilation of Metavation into the Dayco family immediately,” said Mike Kamsickas, executive vice-president of global operations and president of the North American Original Equipment division for Dayco.
Metavation has been in business since 1940, while EPTEC was established in 1995.