BMR Suspension announced that it has acquired Heidts Suspension in Lake Zurich, Illinois. This acquisition allows BMR Suspension to further its mission of providing innovative, quality-oriented, American-made suspension and chassis products at an affordable price, company officials stated in a press release.
“BMR Suspension and Heidts Suspension are like two sides of the same coin,” says Allan Miller, president of BMR Suspension. “BMR dominates the American late-model market and Heidts dominates the American muscle cars and street rods, so this synergy is perfect for our two companies and customers moving forward.”
“This acquisition combines decades of engineering expertise, U.S. manufacturing capabilities and a deep focus on quality,” states Wallace Leyshon, president/CEO of Heidts Suspension. “Moving forward, this partnership ensures that we will expand our commitment to American craftsmanship while developing innovative suspension solutions for the vehicles our customers love.”
BMR & Heidts Will Work Independently & Collaboratively
The sale of Heidts to Miller Performance Products was facilitated by Hart Marx Advisors, the premier boutique consulting firm that assists buyers and sellers exclusively within the automotive, heavy-duty and industrial markets with mergers and acquisitions (M&A), divestitures and strategic planning, noted the release. The financial terms of the purchase were not disclosed.
