BLS Enterprises, a manufacturer and distributor of undercarriage components for tracked construction equipment, has acquired ACE Group, a manufacturer and distributor of wear parts and components for the asphalt industry, including all major plants, pavers, live-bottom, and side-dump trailers, pick-up machines, and asphalt transportation equipment.
With Ace Group’s offices in Minnesota and Canada, this acquisition places BLS in a strategic position to better serve a base of over 5,000 valued customers in the U.S. and around the world.
“ACE Group has been an industry leader and producer of asphalt plant and paver wear parts for over 25 years,” said Matthew Stoughton, president and owner of BLS Enterprises. “We’re proud to welcome their highly-regarded staff, engineers and manufacturers into our family-owned business and look forward to building on the strong foundations of both organizations to create a customer-forward experience that is unparalleled in the industry.”
“There is excellent synergy between the undercarriage parts that BLS excels at and Ace Group’s product lines,” said Alan McKenzie, Ace Group owner. “This synergy will allow the new organization to better serve the existing client base of both companies with high quality materials, delivering excellent value and support with extensive inventories on hand.”
Source: BLS
