SUWANEE, GA Lund International, a Georgia-based manufacturer of automotive accessories, has entered into an agreement to be purchased by Linsalata Capital Partners and Resilience Capital Partners, both based in Cleveland, Ohio. Terms of the agreement were not provided.
Lund manufactures automotive accessories under the AVS, Lund, Nifty, Deflecta-Shield Aluminum and Belmor brands. The company, which has annual sales in excess of $130 million, is headquartered in Suwanne, GA, and has plants in Lawrenceville, GA; Hamilton, Ohio; Howe, IN; and Chicago.
Linsalata Capital and Resilience will bring additional management resources to the company and said it will also provide industry veterans to serve on the board of directors.
“We are pleased with the transition. Both firms bring a strong history of supporting growth of quality companies,” said George Scherff, CEO of Lund.
For more information about Lund International, visit: www.lundinternational.com.