Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16717462" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3786698-holley-acquires-four-enthusiast-brands-during-q4-for-approximately-56m?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Holley acquires Four Enthusiast brands during Q4 for approximately $56M</a></h3><p><a href="https://seekingalpha.com/symbol/HLLY" target="_blank">HLLY -1.08%</a>Jan. 10, 2022 10:57 AM ET</p><ul> <li data-xf-list-type="ul">Holley (<a href="https://seekingalpha.com/symbol/HLLY" target="_blank">HLLY</a> -3.2%) has <a href="https://seekingalpha.com/pr/18623839-holley-revs-acquisition-engine-acquires-four-enthusiast-brands-in-highly-strategic-product" target="_blank">acquired</a> substantially all of the assets of Arizona Desert Shocks, Baer Brakes, Brothers Trucks, and Rocket Racing Wheels for ~$56M during the fourth quarter of 2021.</li> <li data-xf-list-type="ul">The acquisition adds to Holley’s (<a href="https://seekingalpha.com/symbol/HLLY" target="_blank">HLLY</a> -3.2%) capabilities in performance vehicle appearance, braking, suspension, and wheels.</li> <li data-xf-list-type="ul">The transactions were financed through a combination of cash on hand and Holley’s new credit facility.</li> <li data-xf-list-type="ul">"These acquisitions are in highly strategic product categories that are powertrain agnostic with applicability to the emerging opportunity in electric vehicles and electric powertrain conversions. The acquisition of ADS augments Holley’s existing capabilities in on-road performance suspension systems by adding off-road expertise. Baer Brakes introduces a new product category to Holley and brings us tremendous brake system expertise, moving us closer to our goal of providing complete vehicle solutions to our enthusiast consumers. Brothers Trucks further enhances our offerings in truck and SUV appearance items and Rocket Racing Wheels strengthens our offerings in wheels for both cars and trucks,” says Tom Tomlinson, Holley’s President and CEO.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16717462, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3786698-holley-acquires-four-enthusiast-brands-during-q4-for-approximately-56m?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Holley acquires Four Enthusiast brands during Q4 for approximately $56M[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/HLLY']HLLY -1.08%[/URL]Jan. 10, 2022 10:57 AM ET [LIST] [*]Holley ([URL='https://seekingalpha.com/symbol/HLLY']HLLY[/URL] -3.2%) has [URL='https://seekingalpha.com/pr/18623839-holley-revs-acquisition-engine-acquires-four-enthusiast-brands-in-highly-strategic-product']acquired[/URL] substantially all of the assets of Arizona Desert Shocks, Baer Brakes, Brothers Trucks, and Rocket Racing Wheels for ~$56M during the fourth quarter of 2021. [*]The acquisition adds to Holley’s ([URL='https://seekingalpha.com/symbol/HLLY']HLLY[/URL] -3.2%) capabilities in performance vehicle appearance, braking, suspension, and wheels. [*]The transactions were financed through a combination of cash on hand and Holley’s new credit facility. [*]"These acquisitions are in highly strategic product categories that are powertrain agnostic with applicability to the emerging opportunity in electric vehicles and electric powertrain conversions. The acquisition of ADS augments Holley’s existing capabilities in on-road performance suspension systems by adding off-road expertise. Baer Brakes introduces a new product category to Holley and brings us tremendous brake system expertise, moving us closer to our goal of providing complete vehicle solutions to our enthusiast consumers. Brothers Trucks further enhances our offerings in truck and SUV appearance items and Rocket Racing Wheels strengthens our offerings in wheels for both cars and trucks,” says Tom Tomlinson, Holley’s President and CEO. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
Top