Automotive Acquisitions in Rhode Island
-
December 18, 2020
- Buyer
- Vehicle Accessories, Inc., Kinderhook Industries, LLC
- Target
- HV Industries (Hope Valley)
- Industry
- Automotive
- Location
- Rhode Island, United States
- Type
- Addon
Vehicle Accessories, Inc. (a portfolio company of Kinderhook Industries) acquired HV Industries (Hope Valley), a manufacturer of precision all-weather floor mats for automotive OEMs. The deal is VAI's fifth add-on under Kinderhook and expands VAI's product portfolio and OEM relationships in the pickup truck and SUV markets; financial terms were not disclosed.
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