Jasper Holdings, Inc., the parent company of Jasper Engines and Transmissions has acquired Diesel USA Group, Inc., Louisville Ky. The Diesel USA Group will remain a separate company and brand as it becomes part of the Jasper.
Diesel USA Group is a distribution, service and repair company servicing air and fuel products for gas and diesel engines along with a variety of other complementary products, with locations in Louisville; Cincinnati and Columbus, Ohio; Indianapolis, Fort Wayne and Crown Point, Ind., as well as Fontana, Calif.
The transaction was completed on May 31st, acquiring the company from the Bailey family which has owned the company since its inception in 1950. The current leadership team at Diesel USA Group will continue to lead and operate the company. Diesel USA Group and Jasper will operate independently of each other as they work together as part of Jasper Holdings, Inc.
Jasper has been in the air and fuel business as part of its diesel remanufacturing process since the late 1960s. Over the past several years, Jasper has focused more on this product line and recognizes opportunities with the increased use of turbochargers on passenger cars, light trucks, and SUVs.