Lund International Holding, a portfolio company of Highlander Partners, has purchased all of the operating assets of an American truck accessories maker AMP Research.
AMP offers automatic power articulating running boards, bed steps, bed extenders and related products, which are used in trucks.
With this acquisition, Lund will use the trademarked POWERSTEP, BEDSTEP, BEDSTEP2 and BEDXTENDER HD product names included in AMP's Innovation in Motion product lines.
Lund will continue AMP's current manufacturing plant in Tustin, California for its operations and will add AMP's current workforce to its team.
Lund International Holding president Mitch Fogle said that the patent protected POWERSTEP automatic power articulating running board will now be sold under the Lund brand in its new Innovation in Motion series, as will the other product lines acquired.
"Additionally, the BEDSTEP, BEDSTEP2, BEDXTENDER HD, and fuel door products are excellent complements to our existing business. This acquisition will allow us to enhance our broad product offering to better serve the needs of both our existing and new customers," Fogle added.
Lund manufactures branded automotive aftermarket accessories for a full assortment of passenger cars and light trucks, and heavy truck category.