Cardone Buys ADP Distributors and Rotomaster
Cardone Industries Inc. has acquired a controlling interest in ADP Distributors Inc., the parent company of turbocharger manufacturer Rotomaster International.
Rotomaster is a global brand and manufacturer of new and remanufactured turbochargers, service kits, cartridges and components.
“Like Cardone, Rotomaster is a brand that is known for its quality and reliability,” says 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, British Columbia, and has facilities in Toronto, Phoenix, Arizona; Seattle, Wash.; as well as in Spain and China. Rotomaster provides 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 says. “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,” says 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."
Cardone, founded in 1970 and headquartered in Philadelphia, Pa., is a supplier of automotive replacement parts with over 5,000 employees across the USA, Canada and Mexico. The company’s offerings include more than 90 remanufactured and new product lines. For more information, visit www.cardone.com.