Transtar Industries announced in December its acquisition of assets of Dean Transmission Parts of Agawam, Massachusetts. Terms of the deal were not disclosed.
Dean, which was founded in 1962, will continue operations out of its primary location under Transtar’s name in Agawam, which is approximately 20 minutes from Hartford, Connecticut.
“We are excited to partner with Dean Transmission Parts, a family owned business whose values align with Transtar’s. Our acquisition of Dean continues a strong pattern of growth for Transtar – as is true of other recent purchases, we are investing in companies with shared goals of commitment to quality products and excellent customer service,” said Neil Sethi, CEO of Transtar Industries.
Dean leadership expressed similar sentiments.
“We’re extremely proud to become part of Transtar, and simply wouldn’t select any other company to continue the legacy of our family business. I’m confident that together we will continue fostering the customer relationships we’ve built over the years, and I’m looking forward to providing our customers with a wider range of products, too,” commented owner Dean Curtis.
Tom DeMille, Transtar’s VP of Sales and Marketing, commented, “We are looking forward to improving our service in the New England market and bringing Transtar’s broad product offering and cutting-edge technologies to Dean customers.”
This acquisition was Transtar’s second in six months, the first being its September acquisition of SeaTac Parts Warehouse in Kent, Washington.