The acquisition of Vehicle Safety Holding Corp. from Superior Capital
In 2020, Voxx acquired Vehicle Safety Holding Corp. (VSHC) from Superior Capital Partners, LLC (Superior Capital). VSHC is a developer, manufacturer and distributor of safety electronics for light vehicles and heavy-duty vehicles. Specifically, VSHC offers, a variety of safety-oriented electronics like turn sign switches and lighting products. VSHC market and sells its product through both an aftermarket distribution networks and through Original Equipment Manufacturers (OEM). VOXX, with the acquisition, gains the customer relationships that VSHC has developed throughout the years, as well as its diverse product assortments.
New Activity|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.