The company is a prominent maker and distributor of premium replacement parts within the automotive aftermarket. It operates through three main segments: Vehicle Control, Temperature Control, and Engineered Solutions. The Vehicle Control segment provides parts critical to vehicle electronic control systems, such as ignition and safety components. The Temperature Control segment focuses on parts for automotive climate systems, including AC components, whereas the Engineered Solutions segment provides custom-engineered products suitable for various industries including construction and agriculture.
Their business model relies on forming strategic relationships with key customers including retailers and original equipment manufacturers, emerging as a vital partner in the automotive aftermarket. They also leverage their deep product portfolio and strong brand recognition to maintain a competitive edge in a highly fragmented market. The focus is on ensuring premium quality products and comprehensive service offerings to facilitate market penetration and sustain long-term growth.