SAP USA Truck and Auto Parts Announces Asset Acquisition of T&J New Pumps - Transaction to Empower Both Companies' Clients with Broader Product Portfolio and Improved Services

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SAP USA Truck & Auto Parts, a leading global manufacturer and distributor of a full range of aftermarket automotive and truck parts for light and heavy duty vehicles, announced today that it has completed its acquisition of the assets of T&J New Pumps. The acquisition underscores SAP USA's commitment to offering a complete range of products that meet all of its clients' needs.

SAP USA Truck & Auto Parts, a leading global manufacturer and distributor of a full range of aftermarket automotive and truck parts for light and heavy duty vehicles, announced today that it has completed its acquisition of the assets of T&J New Pumps. The acquisition underscores SAP USA's commitment to offering a complete range of products that meet all of its clients' needs.

One Stop Shop

“Offering our clients a one-stop shop is a top priority at SAP USA. With this acquisition we are fulfilling that vision", said Hugo Ochoa, president and chief executive officer of SAP USA. "We also welcome T&J New Pumps' team and distribution expertise to our growing global operations."

T&J New Pumps is a recognized leader in the manufacturing and distributing of light and heavy duty water pumps for the automotive and trucking sectors. The company is well-respected in the industry and enjoys a reputation for high quality and strong client service.

Better Client Experience

Both companies' management teams agree that the acquisition will offer noticeable benefits to their clients.

"SAP USA is the perfect company for our team and our clients," said Tara Cevallos, chief executive officer, T&J New Pumps. "By becoming part of the SAP USA family, we will be able to offer our clients the benefits of a full suite of light and heavy duty products, while continuing to offer the quality of service that they have come to expect. And in the medium term, new efficiencies will enable us to offer our clients even more competitive pricing."

For clients, T&J New Pumps will continue to operate as a business unit of SAP USA, enabling T&J New Pumps clients to enjoy a seamless transition without any effect on their experience. Cevallos will become general manager, T&J New Pumps within SAP USA.

About SAP USA

SAP USA Truck and Auto Parts is a leading global manufacturer and distributor of aftermarket parts, serving a broad base of clients in the light and heavy duty automotive and trucking sectors. The company offers a comprehensive range of parts, including oil seals, air brakes, clutches and many others. Its portfolio of quality, trusted brands includes Buffalo, Gamma Electric, and Bull. SAP USA is headquartered in Miami, with regional offices throughout the world and a global clientele in more than 100 countries. For more information, please visit http://www.sapcorp.net

Contact:
Sandra Ochoa
spochoa(at)sapcorp(dot)net
+1.305.594.2844

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Sandra Ochoa
sandra.ochoa@sapcorp.net
3055942844
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