VIPAR enters HD equipment market
CRYSTAL LAKE, Ill — VIPAR Heavy Duty announced the parts network’s expansion into the commercial vehicle equipment market.
The new entity will be known as VHD Equipment Network, LLC, a wholly owned subsidiary of VIPAR Heavy Duty. VHD Equipment Network will focus on the $9 billion North American commercial vehicle equipment market that represents over 1,700 companies that distribute, install, buy, sell and repair truck-mounted equipment.
“The synergies that exist between the commercial vehicle parts market and the commercial vehicle equipment market present many opportunities for VIPAR Heavy Duty, our existing stockholders, supplier partners, and new equipment members,” said Steve Crowley, president and CEO. “These synergies make it practical to deliver our value added propositions in program management, technology, business services, marketing, communications, and more to the leading vehicle equipment distributors.”
“VHD Equipment Network will benefit progressive distributors and suppliers of commercial vehicle equipment by ensuring they maintain profitability and a high profile in their given marketplaces.”
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