Wheel safety firm Checkpoint has been acquired by tyre equipment manufacturer Martins Industries.
The acquisition of Checkpoint means Martins Industries adds to its extensive line of products a host of wheel safety solutions, namely a variety of visual indicators of nut movement.
Checkpoint has over 30 years of expertise in wheel safety that started when its founder and CEO, Mike Marczynski, launched the first ever wheel nut indicator. This intelligent solution ensures every driver and fleet operator has a simple and immediate way of checking that all the wheel nuts are tight and secure.
“We’re proud to now count in our ranks the extensive know-how and knowledge of the Checkpoint team, as well as the reputation for quality the brand has justly acquired over the years,” said Martin Dépelteau, chief executive of Martins Industries.
Martins Industries cites the “renowned expertise and superior quality of Checkpoint” as the reason for the acquisition. It states that it plans to integrate Checkpoint within its portfolio “in the most seamless way possible” and wants to continue to “fully support B2B distribution for Checkpoint” .
It adds that the acquisition will have no impact on Checkpoint’s distributors or partners.
Martins Industries has several distribution centres throughout Europe, North America and other parts of the world.