Acquisition Continues the Expansion of H-E Parts International Full Service Aftermarket Portfolio
May 18, 2016 – H-E Parts International, a global leader in the manufacturing, servicing and marketing of aftermarket parts and components for mining, crushing and heavy construction equipment, announces the acquisition of Brisbane, Australia - based COR Cooling Pty. Ltd., Australia’s leading independent radiator remanufacturer. COR maintains a network of five branches strategically located throughout Australia’s major mining regions. With state-of-the-art facilities and processes, COR Cooling adds critical expertise, technologies and services to H-E Parts global aftermarket parts and support offering.
“COR Cooling further expands our truck and dozer fleet offerings in Australia and is a natural fit with our existing product lines.” says Steve McBrayer, CEO of H-E Parts. “COR Cooling shares our commitment to quality and customer service and we are thrilled to add them to the H-E Parts family. We believe that the combination of H-E Parts and COR Cooling will resonate with our customers”
Ian Olivieri, COO Australia for H-E Parts, says, “The addition of COR Cooling and their expertise in heat exchanger technology fits perfectly with our strategy of being able to offer a wider range of component rebuilds to the mining industry. In conjunction with our existing drive line, suspension and wheel end capabilities, we are continuing to expand our range of services and anticipate further announcements in the near future. We look forward to working with the COR Cooling team and further enhancing the products and services on offer.”
COR Cooling CEO, Warren Arthur said, "We are very pleased to be part of the HE Parts group in Australia. COR Cooling is a natural fit with HE Parts and we have many synergies that will provide opportunities to further strengthen our market positioning and deliver increased value for customers. COR's unique range of products, services and capabilities will add value to HE Parts impressive network of capabilities, whilst we will continue to lead the way in heat exchanger technology.”
You can find details on H-E Parts' full service offerings in the following presentation: