Racing and Performance Holdings Acquires Andrews Products
The cam gear & transmission manufacturer has been in business since 1972...
Racing and Performance Holdings announced the acquisition of Andrews Products. The strategic addition enhances the brand’s portfolio by introducing Andrews’ renowned performance cams, gears and transmissions into R&P’s existing suite of top-tier brands, the company noted.
Existing brands include Airflow Research Heads, Paxton and Vortech Superchargers, RaceTec Pistons, SCAT Crankshafts and Procar Seating Systems.
“I am excited to enter this next chapter in our 52-year journey as a leader in the motorsports industry. We see this as an opportunity to help push our brand and its legacy to the next level by working with the other high-quality brands under the Racing and Performance umbrella,” said Mike Pedersen, president of Andrews Products. “The Andrews team and I will continue to be here to serve our customers as always and look forward to continuing to grow together.”
With a history spanning over 50 years, Andrews Products has become synonymous with camshafts, racing transmissions and drivetrain components for automotive and motorcycle applications. Andrews custom-designed camshafts have been pivotal in advancing engine technology development, the company stated.
“Our acquisition of Andrews Products is a game-changing move. Andrews is a top-of-the-line manufacturer and allows us to cross over into the motorcycle industry while expanding our automotive footprint with Andrews’ automotive and racing products coupled with their manufacturing expertise,” added Mark Finnie, CEO of Racing and Performance
The acquisition of Andrews Products allows R&P to deepen its footprint in the automotive sector and make a significant entry into the motorcycle industry, the company believes. The combined product offerings will enable the bundling of comprehensive performance packages, providing customers with a one-stop solution for all their high-performance needs.
“We are elated to welcome Andrews Products into our family of brands and are privileged to expand the legacy of yet another cornerstone in the automotive industry. Our commitment remains strong as we explore further acquisition opportunities in the high-performance automotive aftermarket,” added Will Morris, managing director of TPE.
