Sonnax Purchases Valve Body Xpress
The employee-owners of Sonnax Industries are pleased to announce the acquisition of Valve Body Xpress (VBX) and Valve Body Xtras of Paulsboro, N.J. Founded in 2002, VBX is a leading remanufacturer of automatic transmission valve bodies and solenoids. Valve Body Xtras is a VBX subsidiary focused on valve body components.
According to Sonnax President & CEO Tommy Harmon, this acquisition combines the resources of two successful companies to better meet the repair challenges of increasingly sophisticated modern transmissions. Sonnax is well-known worldwide in the industry for its innovative engineering, exceptional quality and outstanding technical support and training. The volume of valve bodies rebuilt by VBX and the company’s hands-on remanufacturing expertise opens the door to expanded Sonnax product development and testing capabilities. The transmission aftermarket will benefit from this collaboration, whether a shop chooses to rebuild their valve bodies with Sonnax parts or purchase a VBX rebuilt unit.
Valve Body Xpress President Tim LaCerra will remain with VBX in the position of Vice President of Remanufacturing. The company will continue to operate independently in New Jersey, and its 35 employees will become shareholders in the Sonnax Employee Stock Ownership Plan (ESOP). According to LaCerra, this will allow him to exit his ownership role in VBX while providing tremendous growth potential and an equity stake in the company to the VBX employees who helped achieve its tremendous success.
No major changes are planned for VBX in the near term.
“Valve Body Xpress is a successful growing company,” said Harmon. “We will continue to allow them to do what they do best while exploring opportunities for synergies and discovering areas where Sonnax can provide guidance to VBX and vice versa.”