ADAIRSVILLE, Ga.--(BUSINESS WIRE)--Yanmar America today announced that it recently finalized its acquisition of Mastry Marine and Industrial Supply Inc. Under its new name, Mastry Engine Center LLC, a Yanmar Company is now part of the Yanmar family.
Mastry Engine Center is a 50-year-old, family-owned business based in St. Petersburg, Fla. It specializes in diesel repowers, powertrain applications and complete diesel and gas solutions for both marine and industrial customers. The company supports a network of more than 140 authorized dealers throughout the southeastern United States and the Caribbean.
“This is an important acquisition for us, because it will help to ensure that Yanmar develops a stronger understanding of our marine and industrial customer needs,” said Ted Bregar, president of Yanmar America. “Mastry’s expertise at understanding our customers’ needs will help Yanmar expand the products and services we offer to our valued distributors and dealers throughout the Americas.”
“I am pleased, and I know my father would be proud, that Mastry now is part of such a respected and recognized brand as Yanmar,” said Tino Mastry, president of Mastry Engine Center LLC. “We are bringing our experience to an already solid network of distributors and dealers in the Yanmar family.”
The current Mastry organization will remain in place. Mr. Mastry will continue in his role as president and will report to Mr. Bregar.
The transaction was finalized Feb. 13.
About Yanmar America
Based in Adairsville, Ga., and currently celebrating its 100th year of operation, Yanmar America Corp. is a recognized global leader in the design and manufacturing of advanced performance diesel engines and diesel-powered equipment for a multitude of market segments including marine and industrial engines, compact tractors and compact construction equipment and micro-cogeneration products. Yanmar’s parent company, Yanmar Co. Ltd., was established in 1912 and in 1933 became the world's first manufacturer to develop a practical small diesel engine. Over the last 80-plus years, Yanmar has been a manufacturer of world-renowned diesel engines, agricultural, construction and industrial machinery. With global headquarters in Osaka, Japan, Yanmar is well recognized for the unsurpassed quality of its products. For more information, visit us.yanmar.com.