H-E Parts International (HEPI), a provider of aftermarket solutions for the mining and heavy equipment industries, has agreed to acquire substantially all the assets of Brake Supply Inc, a North American leader in aftermarket components for heavy equipment.
“This acquisition allows us to strengthen our offerings and expand our footprint,” Simon Pelletier, CEO of H-E Parts, says. “By welcoming Brake Supply into the H-E Parts family, we are combining our capabilities to offer an even wider range of products and services to our customers. We are excited to bring Brake Supply’s associates, customers, and suppliers into our organisation.”
Brake Supply, headquartered in Evansville, Indiana, specialises in key components such as cylinders, final drives, differentials, transmissions and complete rollouts of heavy-duty offroad equipment. Joining H-E Parts provides Brake Supply the opportunity to grow in new regions such as South America, Africa and Australia, where H-E Parts has an established presence, H-E Parts says.
“Brake Supply has been committed to providing customers with reliable, cost-effective alternatives to OEM components for decades,” David Koch, CEO of Brake Supply, says. “Joining forces with H-E Parts allows us to build on that commitment and extend our reach, creating new growth opportunities for our team members and even more value for our customers.”
The acquisition is expected to conclude in early December 2024.
H-E Parts provides aftermarket parts, components and solutions for the mining industry. With operations in North America, Latin America, Africa and Australia, H-E Parts offers expertise in engineering, manufacturing and aftermarket support. H-E Parts is a subsidiary of Hitachi Construction Machinery (HCM).
