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QA1 announced it has agreed with Holley Performance Brands to acquire the assets of Detroit Speed & Engineering, a manufacturer of high-performance suspension and chassis components. Operations will continue in Mooresville, North Carolina.
Holley Performance Brands acquired SXTH Element, a Spartanburg, S.C.-based maker of forced-induction and airflow upgrades for late-model Toyota trucks and SUVs. Terms were not disclosed. SXTH Element joins Holley's Modern Truck & Off-Road vertical.