DAYCO ACQUIRES METAVATION & EPTEC
EXPANDING DAMPER PRODUCT
September 10, 2013 - Dayco Products, LLC today 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 centre in Hillsdale, Michigan (USA) and manufacturing operations in Mount Pleasant, Vassar, and Hillsdale and San Luis Potosi, Mexico, as well as a corporate headquarters office in Southfield, Michigan.
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 the dominant supplier to the global independent aftermarket. Dayco Products include timing belts, accessory drive belts, tensioners, damper devices for front and rear crankshaft NVH (Noise, Vibration, Harshness) management, along with valve and actuator solutions.
“The purchase of Metavation completes our global strategy in damper solutions and brings a product to the Dayco global 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.
Recognised by both original equipment manufacturers and the automotive aftermarket as an innovative, technology-driven organisation, Dayco operates a fully integrated global network of manufacturing facilities, distribution centres, technical facilities and sales offices worldwide. Dayco continues to be guided by the 108-year-old primary business strategy to anticipate and satisfy the needs of our customers by providing timely, quality products and services.
Dayco Australia has been a major player in the Australian automotive industry for more than 30 years and is renowned for delivering the highest product quality along with the broadest range of applications for both the Original Equipment and Aftermarket sectors. All Dayco products are sourced from the company’s state of the art manufacturing facilities located in Europe, the United States, Asia and South America
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