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Press Releases

CARDONE Industries Announces Acquisition of ADP Distributors and Rotomaster Turbos

CARDONE Industries, a family-owned leader in the automotive aftermarket, is pleased to announce that it has acquired the controlling interest in ADP Distributors. ADP is the parent company of Rotomaster, a global brand and manufacturer of new and remanufactured turbochargers, service kits, cartridges and components. This acquisition, combined with CARDONE’s own broad catalog and competitive blend of products, makes CARDONE the largest aftermarket manufacturer in this growing space.

11/21/2017 3:00:00 PM

CARDONE Industries Announces Acquisition of ADP Distributors
and Rotomaster Turbos

PHILADELPHIA (November 21, 2017)CARDONE Industries, a family-owned leader in the automotive aftermarket, is pleased to announce that it has acquired the controlling interest in ADP Distributors. ADP is the parent company of Rotomaster, a global brand and manufacturer of new and remanufactured turbochargers, service kits, cartridges and components. This acquisition, combined with CARDONE’s own broad catalog and competitive blend of products, makes CARDONE the largest aftermarket manufacturer in this growing space.

“Like CARDONE, Rotomaster is a brand that is known for its quality and reliability,” said CARDONE CEO Stan Gowisnock. “ADP is also a rapidly growing business. Over the coming months, we’ll be looking at ways we can partner with ADP to amplify its growth trajectory by leveraging our extensive resources.”

Rotomaster is headquartered in Vancouver and also has facilities in Toronto, Phoenix, AZ, Seattle, WA,  Spain and China. Rotomaster provides high-quality turbochargers and accessories for cars and other light-duty vehicles, as well as heavy-duty, off-road and marine applications. Gowisnock noted, “The addition of Rotomaster not only increases our turbo manufacturing capabilities, but it provides CARDONE with valuable inroads to new markets outside the automotive aftermarket.”

Rotomaster General Manager Garret Wiebe will continue in his role, leading this new division of CARDONE and will also serve in an expanded leadership capacity for CARDONE, reporting directly to Gowisnock. “We’re excited to begin this new era for ADP and Rotomaster,” Wiebe said. “CARDONE’s unique culture and strong values exhibited throughout the business are a natural fit for us, and its infrastructure and years of industry experience and best practices will help us take our products and services to the next level and beyond.”

“The addition of the Rotomaster team helps infuse our culture with a new spirit of entrepreneurialism and innovation,” said Gowisnock. “This will add fresh value and depth to our existing product lines, and will help us create new strategies that will even further accelerate our speed to market. This is a big step forward in our growth as a premium, full service provider to all of our existing aftermarket partners, as well as new channels.”

About CARDONE

We are an automotive industry leader in aftermarket innovations and engineering. Three generations and four decades strong, we build new and remanufactured vehicle parts that meet or exceed O.E. designs, at a fraction of the cost. We remanufacture O.E. parts to meet the specific needs of our O.E.M. partners. Our global team supports a full spectrum of products and services, including a catalog of 46,000 sustainably-built parts. We build it better. Learn more at CARDONE.com.

 

Media Inquiries:

Adam Dole                                                                  Raquel Wenger

215-912-3543                                                              215-912-3742

adole@cardone.com                                                  rwenger@cardone.com