Old World Industries Acquires the Automotive Division of EiKO Global, LLC
By Business Wire News
By Business Wire News
Old World Industries, LLC – the makers of PEAK® Antifreeze Coolant and Motor Oil, BlueDEF® Diesel Exhaust Fluid, Final Charge® Heavy-Duty Coolant, and Herculiner® Bed Liner products – today announced the acquisition of the automotive lighting business of EiKO Global LLC, a North American based manufacturer and distributor of first-class lighting products. Effective immediately, the transaction will bring an expanded portfolio of high-quality automotive and heavy-duty lighting products to Old World Industries customers in more than 50 countries around the world.
“Throughout our history, Old World Industries has remained focused on providing our customers the best the market has to offer,” says Kal Mahmood, President and CEO of Old World Industries. “The addition of EiKO automotive lighting offers access to the industry’s best lighting products, while also benefiting from our company’s global distribution services and unmatched support.”
EiKO has participated in the automotive aftermarket segment since 1991, with products including halogen headlamp capsules, HID headlights, miniature lamps, sealed beam sand and other automotive lighting, while providing full breadth vehicle coverage across all product categories. Old World Industries will begin selling the company’s lineup of miniature and automotive lamps and automotive forward lighting immediately, while retaining the management team from EiKO to ensure the seamless transition and ongoing support of the business. EiKO was represented by Angle Advisors, LLC in the transaction.
“With automotive lighting products being added to a strong aftermarket player like Old World Industries, moving forward, this will undoubtedly create a stronger opportunity for the automotive business,” said Gary Withers, CEO of EiKO Global LLC.
Old World Industries has supplied the transportation industry with reliable, quality products for more than 40 years under brand names including PEAK, BlueDEF, and Final Charge. The company’s rich history of strong customer relationships and recognition are evidenced in its lasting success, including a history of shipments of more than 200 million gallons of BlueDEF, the purest non-toxic solution engineered to help diesel-powered vehicles reduce emissions and improve fuel economy.
About Old World Industries
Old World Industries, LLC is among the largest privately-held companies competing in the automotive aftermarket. The Northbrook, Illinois-based company enjoys a presence in various consumer product markets in more than 50 countries worldwide. Old World’s brands include a full line of PEAK® Automotive Products including Antifreeze Coolant, Motor Oil, Washer Fluid, Electronics and Wiper Blades; BlueDEF® Diesel Exhaust Fluid; Final Charge® Heavy Duty Global Extended Life Coolant; Fleet Charge® Fully Formulated Coolant; and HERCULINER® Truck Bed Liner Kits; For more information, please visit www.oldworldind.com.
About EiKO Global LLC
For 35 years, EiKO Global LLC has delivered the industry’s best lighting products. Carrying over 5,000 SKUs and the broadest selection of any manufacturer in its class, EiKO is committed to providing innovative products, unique solutions and unmatched support to its customers. Headquartered in Shawnee, KS, with offices in Canada, China, Europe, Korea and Taiwan, EiKO is truly a global presence in the lighting industry. For more information visit www.eiko.com, like us on Facebook or, follow us on Twitter.
Whitney Hinson, 312-416-5664