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.