Safe Fleet announced July 1, the acquisition of the mirror product line for busses, shuttles and coaches from Hadley.
“We are delighted to welcome the Hadley mirror business into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles,” said John R. Knox, president and CEO of Safe Fleet.
“The combination of Hadley with Specialty Manufacturing, Transpec, Pretoria and Seon, establishes Safe Fleet as the leading supplier of specialty safety components for transit busses. Additionally, Safe Fleet is well positioned to offer our full product line of mirrors, hatches, lighting, interiors and video to the school bus, motor coach, RV, shuttle bus, emergency and military vehicle markets.”
“We are very proud of the team and products produced in Elkhart. Safe Fleet is an excellent home for the Hadley transit mirror business,” said Thomas Bronz, president and CEO of Hadley. “The transit mirror operation is a vibrant business with strong management and great opportunities.”
The Hadley acquisition is the fifth for Safe Fleet which was formed in September 2013 when ROM Corporation and SMI Corp. merged.
The Hadley mirror business will remain in Elkhart, Indiana, but will relocate from the Hadley site to its own production facility over the next few months. The management, engineering, customer service, administrative and production personnel of the Hadley mirror business will remain with the business and transition to Safe Fleet.
Chris Dutton and Michaele Dutton will continue to lead the Hadley mirror business and will report to Mike Hagan, vice president, Safe Fleet Bus and Rail.
The growing Safe Fleet family of brands includes eleven brands, five of which are respected leaders within the bus / transit market. Those brands include: Hadley, Seon, Specialty Manufacturing, Transpec, and Pretoria.
Financial terms of the purchase were not disclosed.
