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With the completion of this acquisition, Dayco becomes the market leader in tensioners and pulleys with the largest market share in South America. The acquisition will also allow Dayco to significantly strengthen its position in the South American automotive belt market.
“Expanding our global footprint ensures our leadership position is maintained in the tensioner and pulley markets,” says Ed Rammel, president of the North American and Australian Aftermarket divisions of Dayco. “This acquisition is another step forward in the continued evolution of our global strategic plan.”
Nytron will also provide the Dayco North American Aftermarket access to additional parts, improving Dayco’s product offering and coverage. Vertically-integrated manufacturing ensures Dayco will continue to be first to market for drive belt and timing components.
Nytron operates two production plants, one of which is primarily dedicated to aluminum die casting operations. The aluminum die casting operation will offer synergies and opportunities for Dayco’s worldwide OE, heavy duty and aftermarket divisions.
About Dayco
Dayco Products is a leader in the research, design, manufacturing and distribution of a broad range of belts, tensioners and pulleys for the automotive, trucking, construction, agricultural, ATV, snowmobile and industrial markets. Recognized by both the original equipment and the automotive aftermarket as an innovative, technologically-driven organization, Dayco operates a fully integrated global network of 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.
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