2 Anonymous Donors Pledge $550 Million to Western Michigan U philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
ResearchAndMarkets.com s offering.
The Global Automotive Torque Converter Market size is projected to grow at a CAGR of over 5% until 2026, due to growing preference towards automatic transmission and the increasing demand of premium vehicles. The market for passenger cars among all the vehicle types was the largest in the global market in 2020 and it is predicted to account for majority of the Global Automotive Torque Converter Market during the forecast period. The growth of the passenger cars segment is majorly attributable to the increasing penetration of automatics in passenger cars. Also, the growing demand for automatic hydraulic transmission vehicles and CVT passenger vehicles are major factors driving the growth of automotive torque converters in the passenger vehicle segment.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Transtar Holding Company Announces Sale to Blue Point Capital Partners
January 22, 2021 GMT
CLEVELAND (BUSINESS WIRE) Jan 22, 2021
Transtar Holding Company, a portfolio of industry-leading automotive aftermarket and original equipment (OE) businesses with a focus on high-quality products and unmatched customer service, announced the sale of majority ownership to local private equity firm Blue Point Capital Partners. Headquartered in Cleveland, Blue Point has a 20-year history of partnering with leading businesses to accelerate growth.
After returning to the business in 2017, Transtar Founder and Executive Chairman Monte Ahuja, and Chief Executive Officer Neil Sethi, worked alongside the Company’s executive leadership team to successfully stabilize operations, make significant foundational changes, and implement overall process improvements. Today, Transtar is well-positioned for grow