Old World Industries Acquires the Automotive Division of EiKO Global, LLC
Old World Industries, LLC – the makers of PEAK® Antifreeze Coolant and Motor Oil, BlueDEF® Diesel Exhaust Fluid, Final Charge® Heavy-Duty Coolant, and Herculiner® Bed Liner products – today announced the acquisition of the automotive lighting business of EiKO Global LLC, a North American based manufacturer and distributor of first-class lighting products. Effective immediately, the transaction will bring an expanded portfolio of high-quality automotive and heavy-duty lighting products to Old World Industries customers in more than 50 countries around the world.
“Throughout our history, Old World Industries has remained focused on providing our customers the best the market has to offer,” says Kal Mahmood, President and CEO of Old World Industries. “The addition of EiKO automotive lighting offers access to the industry’s best lighting products, while also benefiting from our company’s global distribution services and unmatched support.”
EiKO has participated in the automotive aftermarket segment since 1991, with products including halogen headlamp capsules, HID headlights, miniature lamps, sealed beam sand and other automotive lighting, while providing full breadth vehicle coverage across all product categories. Old World Industries will begin selling the company’s lineup of miniature and automotive lamps and automotive forward lighting immediately, while retaining the management team from EiKO to ensure the seamless transition and ongoing support of the business. EiKO was represented by Angle Advisors, LLC in the transaction.
“With automotive lighting products being added to a strong aftermarket player like Old World Industries, moving forward, this will undoubtedly create a stronger opportunity for the automotive business,” said Gary Withers, CEO of EiKO Global LLC.
Old World Industries has supplied the transportation industry with reliable, quality products for more than 40 years under brand names including PEAK, BlueDEF, and Final Charge. The company’s rich history of strong customer relationships and recognition are evidenced in its lasting success, including a history of shipments of more than 200 million gallons of BlueDEF, the purest non-toxic solution engineered to help diesel-powered vehicles reduce emissions and improve fuel economy.
This article originally appeared on BusinessWire.