BendPak Acquires Garage Equipment Brands
Vehicle service equipment manufacturer BendPak has acquired the Danmar, MaxJax and Garage Equipment Supply Brands, as well as related intellectual property rights, the company has announced.
The acquired brands produce equipment including car lifts, tire changers, wheel balancers and more.
Don Henthorn, president of BendPak, stated, “Through this acquisition, we welcome Dannmar, MaxJax, and Garage Equipment Supply to the BendPak group. This deal further establishes our customer-centric strategy of growing our product offering of high-quality premium brands for the vehicle repair marketplace. For our customers and coworkers, this new acquisition creates significant opportunity.”
“BendPak and Dannmar’s portfolios of products are well-aligned and dovetail nicely in BendPak’s overall product offerings,” said Jeff Kritzer, executive vice president of BendPak. “We are very pleased with the prospects of this acquisition and are confident that this transaction will deliver immediate and substantial value to our customers and resellers.”
Terms of the transaction were not disclosed.