DriveSol Worldwide Holding Corp., an affiliate of Sun Capital Partners, Inc. and owner of DriveSol Worldwide, Inc., announced today that it has acquired Wabash Technologies Inc. Wabash is a leading global designer and manufacturer of a broad range of custom designed sensors and actuators, which include pedal position sensors, throttle/ETC position sensors, engine timing sensors, rotary/linear position sensors, and fuel injection stators/actuators for gas and diesel power-train markets. Currently, Wabash produces over 20 million sensors and over five million fuel injection stators/actuators annually for a customer base which includes all major OEMs, as well as leading Tier 1 systems suppliers serving the automotive, heavy vehicle, agriculture, construction, and off-highway global markets. Mark Simon, President and CEO of DriveSol Worldwide Holding Corp., said, “The acquisition of Wabash is another step forward in implementing DriveSol’s long-range strategy of becoming a global leader in electro-mechanical driver control assemblies and sensor and actuation products. “This acquisition also reinforces our long-term commitment as a key supplier to the automotive and industrial markets.” Joe Gonnella, President and CEO of Wabash Technologies, states, “This business combination will deliver significantly higher added-value to our shared customer base. “Highly synergistic product technologies provide us with a unique capability to design innovative electro-mechanical products and systems that fully integrate electronic controls into related mechanical functions. “Furthermore, our expanded manufacturing footprint, including low- cost sites in all major automotive markets, positions us to be globally competitive across all product lines.” Wabash Technologies has manufacturing facilities in Mexicali, Mexico; Krakovany, Slovakia; and Huntington, Indiana where it also has a global design and process-engineering center. In addition, Wabash has dedicated sales and program management offices in Detroit and Swindon, U.K. Wabash has an experienced workforce of approximately 1,000 employees worldwide.