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Fox Factory Holding Corp. has agreed to acquire substantially all assets of Air Ride Technologies dba Ridetech, a manufacturer of suspension systems, for approximately $14 million. The transaction is expected to close in May 2019.
“The strategic, accretive acquisition of Ridetech is well-aligned with our mission of improving vehicle performance, delivering best-in-class service, and entering into strategic adjacent markets.”globenewswire.com
Summarized from public sources; check the original articles before acting on it.