Holley Acquires Four Automotive Enthusiast Brands.
MANews-(C)2009-2022
US-based performance automotive platform Holley (NYSE: HLLY) has acquired substantially all of the assets of Arizona Desert Shocks, Baer Brakes, Brothers Trucks, and Rocket Racing Wheels during 4Q21, the company said.
Holley completed these acquisitions for approximately USD 56m during 4Q21.
The transactions were financed through a combination of cash on hand and Holley's new credit facility.
For 2022, Holley expects these...
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