Leading automotive parts manufacturer Piston Automotive, a subsidiary of the Piston Group acquires Ohio-based Marion Industries, a Tier 1 assembler of brake modules for Honda of America.
Details are provided below:
- The acquisition of Marion expands Piston Automotive’s footprint into the Central Ohio region
- “Transforming our business and accepting new challenges is required in order to compete in today’s marketplace,” said Piston Group’s Founder, Chairman and CEO Vinnie Johnson. “The acquisition of Marion Industries allows us to leverage our process design and product assembly expertise and diversify our customer base which are two key elements of our growth strategy.”