NEWS
MidOcean Partners Acquires Arnott Industries, a Leading Suspension Products Platform for the Auto Aftermarket
MidOcean Partners has acquired Arnott Industries, a leading designer and manufacturer of air suspension systems for the automotive aftermarket. Founded in 1989, Arnott offers over 800 products for light passenger vehicles with coverage of approximately 90% of air-equipped vehicles in operation. The company produces OE quality or better replacement products at its American and European facilities. This marks MidOcean's fourth investment in the auto aftermarket sector, following investments in Cloyes, FullSpeed Automotive, and Holley Inc. (NYSE: HLLY). Financial terms were not disclosed.
MidOcean Partners has acquired Arnott Industries, a leading designer and manufacturer of air suspension systems for the automotive aftermarket. Founded in 1989, Arnott offers over 800 products for light passenger vehicles with coverage of approximately 90% of air-equipped vehicles in operation. The company produces OE quality or better replacement products at its American and European facilities. This marks MidOcean's fourth investment in the auto aftermarket sector, following investments in Cloyes, FullSpeed Automotive, and Holley Inc. (NYSE: HLLY). Financial terms were not disclosed.
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