ROCHESTER HILLS, MI — Affiliates of U.S. private equity firm Kohlberg & Co. have acquired Trico Products, Inc. from Tomkins plc. Trico Products is a global manufacturer of integrated wiper systems for OEM and aftermarket applications. The company sells to more than 20 OEM customers across some 50 vehicle platforms around the world. The company has design centers and factories in the U.S., Mexico, Europe, Latin America and Asia.
James Finley has been appointed president and chief executive officer of the company, effective immediately. Finley comes to Trico with broad experience in automotive manufacturing and in general management. He was most recently president and CEO of Tinnerman-Planut Engineered Products, an automotive fastener supplier, and a group president at Stanley Works.
“We at Kohlberg are very happy to be associated with as fine a company as Trico Products, its associates and management; and look forward to a long and mutually beneficial relationship with our customers, suppliers and stakeholders,” said James Wiggins, operating principal at Kohlberg and executive chairman of Trico.