According to Business Wire, Holley has acquired “substantially all of the assets” of AEM for $52 million.
The acquisition could allow Holley to expand into new markets, as well take advantage of AEM's recent forays into EV swaps, as President and CEO of Holley Tom Tomlinson highlights:
“The acquisition of AEM is strategic and accretive and we’re excited to welcome …
Honestly, I just assume almost all of those massive aftermarket names are the same company.
In reply to Keith Tanner :
The pretty much are.
https://www.holley.com/brands/
If not under the same brand umbrella, there are just a few holding companies owning most of the industry. Bad, good ? Not sure, but at least a lot of the small companies get some funding behind them.
Lee said:In reply to Keith Tanner :
The pretty much are.
https://www.holley.com/brands/
Wow I had no idea. There's some BIG names on that list. Like Tremec transmissions, Simpson, MSD... There must be 20+ big companies owned by Holley.
Lee said:In reply to Keith Tanner :
The pretty much are.
https://www.holley.com/brands/
Wow, I knew they owned a bunch but many of those I wasn't expected. APR, Dinan, RacePak, SPAL, Stilo, etc... My first thought was, "well there goes AEM" but seeing half the brands they own I doubt this sale will affect consumers much, if at all.
Oh great now my cold air intakes are going to say Holly on them
WillG80 said:Lee said:In reply to Keith Tanner :
The pretty much are.
https://www.holley.com/brands/Wow I had no idea. There's some BIG names on that list. Like Tremec transmissions, Simpson, MSD... There must be 20+ big companies owned by Holley.
Does Colt still own Holley?
Pete. (l33t FS) said:WillG80 said:Lee said:In reply to Keith Tanner :
The pretty much are.
https://www.holley.com/brands/Wow I had no idea. There's some BIG names on that list. Like Tremec transmissions, Simpson, MSD... There must be 20+ big companies owned by Holley.
Does Colt still own Holley?
Colt doesn't even own Colt. They got bought by CZ.
Didn't K&N own AEM before?
Holley: like Disney but for car parts
NickD said:Holley: like Disney but for car parts
Like LKQ but for... um...
aw614 said:Didn't K&N own AEM before?
I think K&N bought the air intake part, but the electronics part didn't come with the deal.
I've said it before and I'll say it again, the acquisition economy is not a good thing for consumers or most employees of said acquired company.
In reply to accordionfolder :
Modine was the only company making stock-like radiators for RX-7s. LKQ bought them and rolled them into Spectra Premium and discontinued pretty much all copper/brass radiators.
Modine radiators are crazy expensive if you can find one.
Vajingo said:Oh great now my cold air intakes are going to say Holly on them
I wouldn't count on it. I didn't even get a 'Powered by Holley' sticker when I bought my Dominator ECM
accordionfolder said:I've said it before and I'll say it again, the acquisition economy is not a good thing for consumers or most employees of said acquired company.
It has its ups and downs. One advantage is that because Holley has all these various companies under their umbrella, then you can buy all the stuff to LS- or Gen III Hemi-swap pretty much anything without having to go to two dozen different vendors and then finding out that this company's headers don't work with this company's engine mounts and don't clear this company's transmission crossmember.
In reply to NickD :
Mmmm, but they would do those types of things with or without acquisition. Acquisitions happen for 1 of 2 reasons - patents or competition. If it's cheaper to buy someone else's successful business in a certain niche than building it yourself you do. Or if you don't want to compete, make the owners an offer they can't resist. Holley EFI vs AEM ... ???
The employees and consumers lose either way.
It's always spun as: "Now we can reach more clients" or "Now we've opened up the portfolio wider" - but everyone knows exactly why you "purchase" a competitor.
I can't think of an acquisition that widened a market - for that look at boutique type businesses that are purchased to keep them alive (Caterham).
NickD said:accordionfolder said:I've said it before and I'll say it again, the acquisition economy is not a good thing for consumers or most employees of said acquired company.
It has its ups and downs. One advantage is that because Holley has all these various companies under their umbrella, then you can buy all the stuff to LS- or Gen III Hemi-swap pretty much anything without having to go to two dozen different vendors and then finding out that this company's headers don't work with this company's engine mounts and don't clear this company's transmission crossmember.
Instead you get to buy all of the equally mutually-incompatible parts from the same company, and the tech support will just play dumb instead of point fingers.
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