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Prestolite Performance Announces Acquisition of QuickTime


8/24/2010

Prestolite Performance, a performance auto parts manufacturer of brands including Lakewood, Mr. Gasket, Hays, ACCEL, and Mallory has acquired the business of QuickTime, a leading manufacturer of lightweight bellhousings and racing accessories.
 
CLEVELAND — Prestolite Performance, a performance auto parts manufacturer of brands including Lakewood, Mr. Gasket, Hays, ACCEL, and Mallory has acquired the business of QuickTime, a leading manufacturer of lightweight bellhousings and racing accessories.

“With the combination of QuickTime and Lakewood, Prestolite Performance offers the broadest line of bellhousing applications ranging from traditional formed steel models to the latest in innovative and lightweight bellhousings for the hardcore racer,” said Eric Scheinerman, CEO of Prestolite Performance. “QuickTime’s contributions will solidify our position as the industry leader and pioneer in the bellhousing market, as we continue to offer products and solutions not found elsewhere.”

Scheinerman said, “Strategic acquisitions are an important part of our growth strategy. We are excited about the opportunity to bring QuickTime into the fold and deepen our commitment to the racing community.”

Ross McCombs, QuickTime’s current president and CEO, will join the Prestolite Performance team and be an integral part of driving new product innovation for all specialty products.












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