BBB Industries and QBR Brake jointly announced Aug. 1 that BBB Industries acquired substantially all of the assets of QBR Brake of Stockton, Calif.
The transaction transfers all of QBR’s production and operational assets, intellectual property, inventory and brands to BBB. “We are pleased to announce the acquisition of the assets of QBR Brake and are excited about the opportunity to add brake products to our growing portfolio of aftermarket service and repair parts,” said Joseph Felicelli, CEO of BBB Industries.
“Our power steering product line has provided the company with growth opportunities as our customers recognized that BBB’s product quality and service is also ingrained in our power steering product offering,” said Trey Smart, BBB’s Executive Vice President of Sales and Business Development. “We expect to provide this same dedicated approach to our customers regarding calipers.”
BBB Industries is an industry leader in the remanufacturing of alternators and starters to the automotive, medium and heavy-duty truck, industrial, agriculture, small engine and other markets. The company also manufactures and remanufactures power steering products for the automotive OE and aftermarkets. For more information visit www.bbbind.com.
QBR Brake is an industry leader in the remanufacturing of brake calipers to the automotive, medium and heavy-duty truck and other markets. QBR sells its products under the NuGeon, NHT, AXXIS, and NUCHIN brand names. Additional information is available at www.nugeon.com.
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