Stemco Acquires Commercial Vehicle Components Co.
Stemco announced the purchase of Commercial Vehicle Components Co., a manufacturer of air disc brake and medium-duty hydraulic disc brake pads.
The business will become part of the brake products group of Stemco, and CVC products will be marketed as Lunar and Lunar HP air disc brakes. Terms were not disclosed.
“This purchase presents the perfect opportunity for us to expand into the medium-duty marketplace, which will be a new venture for us,” Stemco President Todd Anderson said in a statement.
The Lunar HP brake pads are a premium option for extreme heavy-duty braking, often involving frequent starts and stops, heavy loads and steep grades, according to the Longview, Texas-based company.
Stemco is a unit of EnPro Industries Inc.
