Strategic Expansion

Both the TransTec and TTK brands are known for offering quality components to specialty aftermarket customers, with TransTec stronger in some markets and TTK stronger in others, noted Chris Petronella, Vice President, Corteco North America. “With TransTec and TTK under one company, we can make both brands stronger,” he said. “These brands complement one another.”

While the TransTec brand is currently focused on aftermarket sealing products such as gaskets, radial shaft seals, specialty sealing components, the TTK brand will add a focus on hard steel components such as clutches, drum assemblies, and other transmission specialty steel components like valve assemblies that may need replacement in a transmission.

Despite changes in the global vehicle landscape, Dickopf notes that changes in the specialty aftermarket segment will take place more slowly and demand for automotive spare parts for internal combustion engines will grow in regions that rely on older cars.

“We see this as a substantial market and that is why we are investing in it,” Dickopf said. “While there will be a lot of technology transition at the OEM level in the foreseeable future, this is a commitment to the afterlife that internal combustion engine technologies will have for a substantial period of time.”