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Cometic Gasket Acquires Klotz Synthetic Lubricants

Cometic Gasket, a supplier of gaskets and engine sealing solutions for the automotive, powersports, original equipment and remanufactured engine industries, announced it has acquired Klotz Synthetic Lubricants.  Based in Fort Wayne, IN, and founded by John C. Klotz Jr., in 1959, Klotz Synthetic Lubricants specializes in providing superior lubricants to racers, performance enthusiasts, and traditional end-users. For

Xceldyne Looks to Expand with Movaltec Sarl Transaction

Xceldyne, LLC, a titanium valve and valvetrain component manufacturer, has announced it has secured assets of Movaltec Sarl, a steel valve and valvetrain component manufacturer, with the intention to expand their valve and valvetrain reach globally.  “This transaction of the France-based company further increases Xceldyne’s global motorsports valvetrain market share. It provides tangible evidence of

MAHLE Celebrates 100 Years

Since 1920, MAHLE has developed from a small workshop to one of the largest automotive suppliers with over 160 locations in more than 30 countries. December 1, 2020, marks the 100th anniversary of the company’s founding. It was on that day that the foundation stone for today’s MAHLE Group was laid in Stuttgart. The course for

PerTronix Performance Acquires Aeromotive, Waterman Racing

PerTronix Performance Brands, a leader in aftermarket ignition and exhaust segments, announced it has acquired Aeromotive Inc. and Waterman Racing Components. Over the past 26 years, Aeromotive has designed and manufactured the highest quality fuel systems and components for the automotive aftermarket and OEM manufacturers. Aeromotive will continue to operate out of its Lenexa, Kansas

Premium Guard Inc. Acquires Aftermarket Filters Business from Tenneco

Premium Guard Inc. (PGI), a leader in automotive aftermarket filters, has purchased Tenneco’s global aftermarket filters business in Mexico. The announcement was made by Anan Bishara, CEO and President of PGI, who noted that the acquisition, which was finalized on October 31, 2020, includes Tenneco’s manufacturing facility in Tultitlan, Mexico, operations, the Interfil and Engine

Starrett AVX550 Multi-Sensor Vision System

Using a single system, production parts can be examined on the shop floor or in the QC lab on macro and micro levels as one comprehensive process.

F1’s Williams Racing Gets Acquired

Williams Racing, the British Formula 1 team and constructor, has been acquired for $179.5 million by Dorilton Capital, a U.S.-based company known for its long-term approach to investment.  “…we are delighted that Dorilton are the new owners of the team. When we started this process, we wanted to find a partner who shared the same

Lubrication Specialties Inc. Forms LSI Chemical

Due to explosive growth in sales in multiple markets of LSI’s performance additives, oils and custom lubricant solutions for industrial clients, Lubrication Specialties Inc. (LSI) has announced a new division called LSI Chemical.  The mission for LSI Chemical is to become the premier international oil and fuel additive leader focused on nano additive technology and

Petersen Fluid Systems Acquired by Specialty Products Company

Specialty Products Company (SPC) of Longmont, CO, has announced the acquisition of Peterson Fluid Systems’ assets and team based in Henderson, CO. As the designer and manufacturer of performance oiling and fluid system components, the Peterson brand offers oil pumps, tanks, filters, and associated plumbing along with fittings and accessories for circle track, drag, rally,

Catching Up with King Engine Bearings CEO, Omer Zaslavsky

When we started here in the U.S., we were facing loyal customers of other brands. It was a huge challenge to convince them to try our bearings.

Turn 14 Distribution to Acquire Motovicity

High-performance automotive parts and accessories distributor Turn 14 Distribution has reached an agreement to acquire Motovicity Distribution, a distributor of high-performance automotive parts and accessories based in Madison Heights, MI. Turn 14 Distribution will extend employment offers to a majority of Motovicity’s employees, the company said. Motovicity was founded in 2002 as a high-performance automotive parts and accessories

Continental Strengthens Its North American Automotive Aftermarket Channel

On the heels of its recent acquisition of CRP Industries’ Continental’s North American automotive aftermarket business has now the capability to provide a full complement of belt, kit and hose products and services to all its aftermarket channels. “We already have a strong position in the retail channel and a strong all-makes program for the

AdventHealth to Offer Drive-Up COVID-19 Testing at Daytona International Speedway

In an effort to increase availability of COVID-19 testing in Florida, AdventHealth will offer 500 or more drive-up tests at Daytona International Speedway starting on Friday, April 10. The effort has been led by the healthcare system and AdventHealth Centra Care with partners such as Daytona International Speedway. The tests will be available to anyone

Power Test Acquires Dynomite Dynamometer

Power Test Inc, an industry leading dynamometer and test system manufacturer located in Sussex, WI, has just acquired the assets of DynoMite Dynamometer, a 44 year old business located in Manchester, NH. This acquisition comes right on the tail of Power Test acquiring, moving and integrating another long time competitor, SuperFlow Technologies, formerly of Des

Melling Acquires Performance Springs UK Ltd.

Melling Engine Parts CEO Mark Melling announced the acquisition of Performance Springs UK Ltd. based in Blackpool, England.  Performance Springs specializes in design and manufacturing of springs for the automotive and industrial sectors. Recently Performance started supplying Melling its aftermarket needs from its 20,000 sq.-ft. facility. The acquisition brings together two talented teams focused on providing

Electronic Fuel Injection for the Masses

There’s no way to sugar coat it. Unless you’ve got a rock-solid niche business in building vintage engines, chances are you’ll need to become an expert with EFI products and how to tune engines with these systems.

Race Winning Brands Acquires Manley Performance

Race Winning Brands, Inc., a portfolio company of Kinderhook Industries, LLC has added yet another acquisition, this time of Manley Performance Products, a top-tier manufacturer of high-performance pistons, connecting rods, crankshafts, and valvetrain components. “We are excited to join the Race Winning Brands team and partner with a group that leads the racing industry in

The Northwest Super Late Model Series is Under New Ownership

Since the inaugural 2014 season, the Northwest Super Late Model Series (NWSLMS) had been under the ownership of Garrett Evans and Evans Racing Enterprises. Evans recently announced an acquisition deal with a group of new owners – the Northwest Super Late Model Tour LLC. With Garrett Evans entering a new phase in his racing career,

Nitrous Supply Acquires Edelbrock’s Nitrous Line

Nitrous oxide pioneer Mike Thermos, best known as the co-founder of NOS and driving force behind the Pro Mod class, has acquired the complete inventory of nitrous oxide-related products from Edelbrock, LLC for his latest venture, Nitrous Supply, Inc. of Huntington Beach, CA. Commenting on the acquisition Thermos said, “Back some 20 years ago when

COMP Performance Group Bought by Edelbrock

Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, and owner of Edelbrock LLC, announced the acquisition of the COMP Performance Group. Edelbrock and the COMP Performance Group, along with their respective management teams, will operate as independent organizations. Both teams will continue to provide the same designs, products, and service