Detroit Diesel expands driveline portfolio with acquisition
Detroit Diesel Remanufacturing LLC (Detroit Reman) is acquiring the U.S. and Canadian business operations of Mascot Truck Parts, a leading provider of remanufactured driveline components for the heavy and medium duty truck aftermarket in the U.S. and Canada.
Detroit Reman is extremely excited to be able to announce this acquisition, as it continues to grow its product offerings and be the leader in heavy duty remanufacturing. By adding Mascot Truck Parts to its portfolio, Detroit Reman is strengthening its commitment to a superior customer experience in the driveline aftermarket.
"Mascot is a great fit for us, both in terms of product and distribution," stated Sanjiv Khurana, president Detroit Reman. "Mascot's portfolio complements our driveline products. We will also be able to leverage Mascot's national footprint to offer a better customer experience and a faster turnaround time for our customers."
"We are excited about this alliance. With Detroit Reman we will have the opportunity to enhance our level of service through inventory improvements for all our customers," stated Bill Statham, president of Mascot Truck Parts.
Mascot Truck Parts will continue all operations and functions and support all customers from its Remanufacturing Centers of Excellence in Plainfield, IN and Mississauga, ON. Mascot Truck Parts will continue shipping within 24 hours from its 28 logistic centers in North America. Improving on this already robust distribution will be a top business priority.
Detroit Reman and Mascot Truck Parts are both committed to the remanufacturing value proposition: a lower cost of ownership for their customers and a more sustainable business model for the environment.