David Overbeeke, president and CEO of Brake Parts Inc., announced on Thursday, Dec. 18, that Brake Parts acquired the Raybestos brand from Affinia Group Inc.
“Having full ownership of the Raybestos brand ensures that its proud tradition will continue on, backed by the innovative product design and manufacturing excellence of Brake Parts Inc. It is important that we not only own the Raybestos brand with its strong heritage, but have firm control of its future as we expand the brand’s global footprint,” said Overbeeke.
Since becoming privately held, Brake Parts Inc. has licensed the Raybestos brand. By purchasing the brand outright, the company, through its affiliate, now owns the brand rights across all categories globally, including its line of Raybestos premium-quality brake products.
