Detroit Diesel Remanufacturing has acquired Mascot Truck Parts, a one-time subsidiary of Meritor Inc., to expand its capacity for heavy- and medium-duty remanufacturing of driveline components.
Detroit Reman is a division of Daimler Trucks North America and the Aug. 23 statement said Mascot operates in the United States and Canada. The purchase price was not released.
The statement said Mascot has 28 North American logistics centers and that its two largest remanufacturing facilities are in Plainfield, Ind., and Mississauga, Ontario. Mascot was spun off from Tier 1 supplier Meritor in 2014 to a Chicago-based investment group.
Remanufacturing involves taking used engines, transmissions and other parts and improving them through various processes for a second life.
According to Mascot’s website, the company’s main production covers transmissions, differentials, steering gears and drivelines.
In addition to Mascot, Detroit Reman has six facilities in five states plus Mexico.