BendPak announces asset purchase agreement with Garage Equipment Supply
BendPak Holdings LLC, a wholly owned subsidiary of BendPak, Inc., has acquired certain assets, including related intellectual property rights, from Garage Equipment Supply, Inc. and its related intellectual property holding company. The acquired assets include three renowned brands, Dannmar, MaxJax, and Garage Equipment Supply. The acquisition further extends BendPak’s fast-growing portfolio of brands and strengthens its product offering for car dealerships, fleet operators, repair shop owners and car enthusiasts worldwide. Don Henthorn, president of BendPak, stated, “Through this acquisition, we welcome Dannmar, MaxJax, and Garage Equipment Supply to the BendPak group. This deal further establishes our customer-centric strategy of growing our product offering of high-quality premium brands for the vehicle repair marketplace. For our customers and coworkers, this new acquisition creates significant opportunity.”
CAPAS show in China postponed until 2021
Following the Chinese Government’s initiatives to prevent and control the COVID-19 outbreak, the organizers of the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) have announced the postponement of the show’s 2020 edition. The fair, originally scheduled May 21-23, 2020, will now be held May 20-22, 2021.
James Yu, Deputy General Manager of Messe Frankfurt (Shanghai) Co Ltd, commented: “We are following the Chinese Government’s guidelines to support the containment of the virus. Equally, the wellbeing of our fair participants, contractors and supporting parties is always our priority. It is a difficult but responsible decision to defer CAPAS to 2021. I look forward to seeing our industry friends next year where we can explore the dynamic growth of the Southwest China market together.”
CAPAS is jointly organized by CCPIT-Auto, Messe Frankfurt (Shanghai) Co Ltd and CCPIT-Sichuan. For the past six editions, CAPAS has served as a leading platform for business, information exchange and investment in Southwest China’s automotive industry.
Updates on the show can be found at www.capas-chengdu.com.
Hot Shot’s Secret announces rollout of trucker appreciation care packages
Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret performance oils and additives, is stepping up the company’s support for our nation’s truckers by introducing a Trucker Appreciation Care Package. For a limited time and while supplies last, Hot Shot’s Secret will help Keep America Rolling by distributing 500 Hot Shot’s Secret Trucker Appreciation Care Packages. Truckers are working overtime; pushing their trucks to the max to help keep essential supplies like important medical supplies and groceries stocked. To show appreciation for their hard work, Hot Shot’s Secret has 500 packages to distribute ready to ship from their headquarters in central Ohio.
The Hot Shot’s Secret Truck Appreciation Care Package includes one free 16 oz. bottle of Hot Shot’s Secret Everyday Diesel Treatment, one 4 oz. bottle of Hot Shot’s Secret hand sanitizer, company decal, magazine, product guide and a special promotional discount on future orders, a $27.95 value. Sign-up is simple, just go to https://www.hotshotsecret.com/extramile and pay $5.95 shipping.