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buy/sell car parts 2013 / 2019 BN BM MAZDA 3 2.0 PETROL ENGINE / MOTOR
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By Counterman
link hidden, please login to view announced the completion of the previously announced acquisition of AX V Nissens III APS ( link hidden, please login to view), European manufacturer and distributor of aftermarket engine cooling and air conditioning products with a growing array of vehicle control technologies. Under the terms of the agreement, SMP has acquired all the issued and outstanding shares of Nissens for approximately $390 million (€360 million), net of cash and assumed debt and subject to post-closing adjustments, from Nordic private equity firm Axcel and the Nissen family, according to a news release announcing the acquisition.
“We are very pleased to announce the closing of the Nissens acquisition. With this combination, we create an aftermarket leader in North America and Europe across our key product categories. The strength of Nissens’ leadership team and overall cultural fit will allow for immediate collaboration on opportunities for growth through cross-selling as well as bi-directional synergies with significant savings potential. We welcome Nissens and its employees to the SMP family,” said Eric Sills,
link hidden, please login to view‘ chairman and CEO. The post
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By Counterman
Rislone announced its new
link hidden, please login to view (p/n 4400), which it said improves oil performance to eliminate dry starts, reduce friction and wear, prevent oil breakdown and extend engine life. “Its concentrated formula delivers legendary Rislone Hy-per Lube performance in a compact, easy-to-use, and shelf-friendly bottle,” the company added. Hy-per Lube Engine Supplement is a premium additive blend formulated to work with all motor oils, including conventional, high-mileage, and synthetic, to make older, high-mileage, and high-performance engines run better and last longer than they would with oil alone, according to
link hidden, please login to view. It’s also suitable for use in manual transmissions, differentials and axles. Rislone said it previously offered the supplement in a one-quart bottle, making it easy to swap a quart of oil for a quart of Hy-per Lube at every oil change. Now that most consumers buy oil in larger jugs, Rislone added it took the opportunity to reduce the package size — and the price. Concentrating the formula enabled Rislone to package it in a 16.9 oz. bottle without diluting performance. The smaller bottle also reduces packaging waste and storage space.
“Adding Hy-per Lube Engine Supplement to petroleum or synthetic oils turns them into hyper-performance lubricants that deliver heavy-duty protection for all driving demands across a wide range of engine and vehicle types,” said Clay Parks, Rislone vice president of development. “In these days of high prices, we’re proud to have found a way to lower ours. Our concentrated formula saves consumers money at the counter and in years to come by helping their engines last longer.”
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