BELTON, Mo., July 1, 2015 (GLOBE NEWSWIRE) -- Safe Fleet is pleased to announce today the acquisition of the mirror product line for buses, shuttles and coaches from Hadley.
Based in Elkhart, IN, Hadley is the North American market leader for transit bus mirrors.
"We are delighted to welcome the Hadley mirror business into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles," said John R. Knox, President & CEO of Safe Fleet.
"The combination of Hadley with Specialty Manufacturing, Transpec, Pretoria and Seon, establishes Safe Fleet as the leading supplier of specialty safety components for transit buses. Additionally, Safe Fleet is well positioned to offer our full product line of mirrors, hatches, lighting, interiors and video to the school bus, motor coach, RV, shuttle bus, emergency and military vehicle markets."
"We are very proud of the team and products produced in Elkhart. Safe Fleet is an excellent home for the Hadley transit mirror business," said Thomas Bronz, President & CEO of Hadley. "The transit mirror operation is a vibrant business with strong management and great opportunities."
The Hadley acquisition is the fifth for Safe Fleet which was formed in September 2013 when ROM Corporation and SMI Corporation merged.
The Hadley mirror business will remain in Elkhart, IN but will relocate from the Hadley site to its own production facility over the next few months. The management, engineering, customer service, administrative and production personnel of the Hadley mirror business will remain with the business and transition to Safe Fleet.
Chris Dutton and Michaele Dutton will continue to lead the Hadley mirror business and will report to Mike Hagan, Vice President, Safe Fleet Bus and Rail.
The growing Safe Fleet family of brands includes eleven brands, five of which are respected leaders within the bus / transit market. Those brands include: Hadley, Seon, Specialty Manufacturing, Transpec, and Pretoria.
Financial terms of the purchase were not disclosed.
About Safe Fleet
Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide increased functionality and integrated solutions for fleet vehicle manufacturers and operators around the world. These brands serve five major markets including: emergency services, bus and rail, truck and trailer, utility, and industrial. With 1000 employees, the Safe Fleet family of brands operates almost 600,000 square feet of manufacturing space and targets markets with increasing demand for operator, passenger, and pedestrian safety. For more information about Safe Fleet please visit www.safefleet.net.
Headquartered in Grandville, MI, Hadley is a well-known and respected supplier of quality components and solutions for the specialty vehicle market (Class 5-8). Their products include: air horns, mechanical and electronic height control valves, air suspension systems, mini 12/24 volt DC air compressors, and fully integrated interior lighting systems and luggage racks for transit, shuttle, and motorcoach applications. For more information about Hadley please visit www.hadleyadvantage.com.
CONTACT: Cameron Blain Marketing Manager (800) 827-3692
Source: Safe Fleet