BBB Industries LLC, a remanufacturer of automotive parts for the aftermarket based in Daphne, Alabama, has acquired the equity interest of Grupo Metalcaucho, encompassing the entirety of the business, from Abac Solutions.
Headquartered in Barcelona, Spain, Metalcaucho is a leading European aftermarket supplier in the rubber and metal product segment, with a catalogue of more than 22,000 SKUs and sales in more than 64 countries. Under its prior ownership, Metalcaucho has become an industry leader in product development and sourcing capabilities, bringing new products to market very quickly. This, coupled with high customer service levels, positions the company for continued growth in Europe and other regions around the globe.
“Metalcaucho’s expertise and market understanding across Europe, North Africa and more recently Latin America, along with its proven ability to provide high-quality products complementary to our own is a natural fit across continents,” said BBB Industries CEO Duncan Gillis. “I am excited about the opportunity to bring added value to each of our existing and new customers relationships around the world.”
Josep Grañó, Metalcaucho’s CEO, said, “We are very proud of Metalcaucho’s numerous achievements and success during Abac’s ownership. We are excited to become a part of BBB and leverage its vast resources, talent and industry knowledge to continue innovating and growing in our core markets.”
BBB Industries is an industry leader in remanufacturing of starters, alternators, hydraulic and air disc brake calipers, both hydraulic and electronic power steering products and turbochargers for the OEM, passenger and commercial vehicle aftermarket industries. Founded in 1987, the private company is a portfolio company of Genstar Capital and has 10,000 employees.