Gates Corporation

Betts Truck Parts adding Gates product lines

Betts Truck Parts & Service is adding Gates Corporation’s hydraulic hose, couplings and equipment to its product offering for heavy-duty vehicles at its locations in Fresno, Manteca, Sacramento and San Leandro, Calif. The program includes Gates’ exclusive MegaSystem, which consists of hose, couplings and crimpers, providing an integrated system for superior performance. John Devany, sales manager, Betts Truck Parts & Service, says the hydraulic hoses, from low-pressure to ultra-high pressure, will ...

New corporate website for Gates Corporation

The state-of-the-art new website offers easier access to hose and belt products, tips, and resources for an improved user experience, Gates says.

Gates Corporation sold to equity fund

Private equity funds managed by Blackstone have entered into a definitive purchase agreement with affiliates of Onex Corporation and Canada Pension Plan Investment Board to acquire all of the equity interests in Pinafore Holdings B.V., the parent company of Gates Corporation for approximately $5.4 billion. The transaction is expected to close later this year. Goldman, Sachs & Co., BofA Merrill Lynch and Citi served as financial advisors to ...