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Daphne manufacturer acquired by California investment company

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A California investment company has acquired a Daphne-based manufacturer of automotive, industrial, energy storage and solar parts.

The sale of BBB Industries to Clearlake Capital Group for an undisclosed sum, which was announced back in May, has been completed.

BBB Industries manufactures starters, alternators, hydraulic and air disc brake calipers, hydraulic and electronic power steering products, and turbochargers for the passenger, industrial, and commercial vehicle aftermarket industries.

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