Cloyes Gear & Products, Inc. has announced the acquisition of Denton, Texas-based Automotive Tensioners Incorporated (ATI), a leading front-end accessory drive pulley and tensioner supplier to the automotive aftermarket. This acquisition marks Cloyes’ second acquisition in the past four months and further strengthens the Cloyes’ platform and value proposition to repair shops, building on the Rotomaster acquisition.
In operation since 2014, ATI has developed a comprehensive range of automotive pulleys and tensioners compatible with both domestic and import, heavy-duty, and off-road vehicles. The collaboration between Cloyes and ATI, both distinguished Tier One aftermarket suppliers, will result in a synergistic partnership, propelling significant growth and expansion for both organizations. The strategic partnership between Cloyes and ATI will deliver an improved and cohesive timing system solution to the discerning needs of the modern automotive repair shop.
Cloyes President and CEO, John Hanighen said, “The complementary product lines and a shared commitment to
exceptional customer satisfaction will not only enhance expansion prospects, but also augment product competencies
for our target audience.”
Patrick Mulholland, CEO of ATI, expressed enthusiasm for the forthcoming phases in the business’s growth trajectory, stating, “The ATI team is very excited about the next steps in our business’ growth path. Cloyes’ significant geographic and customer reach represent a logical and essential progression in the evolution of ATI.”