Diversified manufacturing and distribution concern Betts Spring Co. has announced its acquisition of Life-Time Fenders LLC, a provider of metal and plastic fenders to the heavy-duty trucking industry. Life-Time's fender products will compliment Betts' bar and spring load mud flap hangers, the company said.
“The combination of Betts and Life-Time spray suppression offerings creates a unique and significant value proposition," said Mike Betts, president of Betts. "Both Betts and Life-Time are well respected for quality, innovation and service. Bringing together these proud companies provides heavy duty transportation a ‘one-stop shop’ for industry leading spray suppression solutions.”
“We’ve had several opportunities over the years to sell or merge our company but never quite found the “right fit” for our family business," said Shirley Freed, president of Life-Time. "Betts acquisition of our business provides a unique opportunity for the valued employees of Life-Time to continue our passionate pursuit of growth and excellence in customer service. We share a long history of service to the heavy duty industry and believe the future of our newly combined businesses to be very bright.”