Husky
Corporation has completed the asset acquisition of S.U.R.&R. of Akron,
Ohio, a leading supplier of fuel, brake, air conditioning and transmission
fluid line repair kits, along with specialty tools used within the automotive aftermarket
industry. The acquisition is part of Husky Corporation’s strategy as the industry leader
in petroleum dispensing nozzles and related equipment to serve customer needs
in the broader transportation sector.
“Husky
is excited to be part of future growth in the fluid transfer business,” said Husky
Corporation President Grenville
Sutcliffe. “The S.U.R.&R. product line features the right combination of
high quality and exceptional value that our customers have grown to expect.”
S.U.R.&R.
was founded in 2000 by Joseph Wathey who developed innovative technology to
provide fuel line replacement kits that are safe, easy to use and reduce repair
costs. The company expanded its offering to include kits for repairing and
replacing air conditioning, brake, coolant, and transmission lines as well as
specialty tools including brake line flaring tools, fuel injection cleaners,
fuel pressure testers, hose clamp kits, and brake bleeder removal kits.
Additional information can be found at http://www.surrauto.com/about.html
“I
feel very comfortable that Husky will take our product line to a new level,”
said Mr. Wathey, who will serve as an advisor facilitating the transition and
for new product innovations. “S.U.R.&R. complements Husky’s diverse
offerings quite well.”
“The
automotive aftermarket is a new channel, but is adjacent to the business
sectors where we operate,” said Husky Corporation Executive Vice President Brad
Baker. “This acquisition will allow us to further leverage our manufacturing
and back office capabilities.”
Within
the past six years, Husky has acquired BJE (oil and lube products) and Hewitt
(aviation fueling products). In addition, the company has formed strategic
partnerships or alliances with Benecor (DEF dispensing and storage solutions),
Enevo (logistics optimization systems) and RS (liquid loading arms).
For
more information, contact Brad Baker 636-825-7212.
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