Dayco announced Tuesday its acquisition of the Nytron Group, a Brazilian-based manufacturer of drive belt and timing tensioners, pulleys and hydraulic actuators.
With the completion of this acquisition, Dayco claims it becomes a market leader in tensioners and pulleys with the largest market share in South America.
Nytron also provides Dayco North American Aftermarket division access to additional parts, expanding Dayco’s product offering and coverage.
Further, Nytron operates two production plants, one of which is dedicated to aluminum die casting operations. The aluminum die casting operation will match well with Dayco’s worldwide OE, heavy-duty and aftermarket divisions, the company says.