The impact of the Federal Reserve's rate cut hasn't made its way to trucking's dealers, aftermarket and supplier sectors yet, as M&A activity remained at historical lows in September.
Only one transaction was announced but it was a big one.
High Bar Brands announced Sept. 5, it has acquired BettsHD, a division of the 156-year-old Betts Company, based in Fresno, Calif. The BettsHD product line includes metal fenders and mud flap hangers. "We’re excited to welcome a well-known brand like BettsHD to the High Bar Brands family," said High Bar Brands President and CEO Christopher Thorpe. "The history, reputation, and products make this a perfect addition to our lineup of iconic brands."
