Courtesy of Cycra
THOMASVILLE, NC, - CV Products Consolidated, LLC – a
leading manufacturer of high performance race parts and accessories for
NASCAR teams, auto racing and powersports professionals, celebrating 25
years in business – today announced the purchase of 100% of Cycra Racing
Systems and HardStreet by Cycra. Cycra is a recognized leader in the
plastic body and protection categories for the off-road powersports
industry. HardStreet designs, manufactures and sells award-winning hard
saddlebags and accessories that fit Harley-Davidson® models, metric
bikes and cruisers.
“Here at CV Products, our DNA is rooted in
racing and manufacturing, and the synergies between Cycra Racing Systems
and its industry-leading brands align perfectly with our business
strategies and core competencies,” said Jim Zoretich, President of CV
Products, LLC. “The design, tooling and manufacturing benefits
associated with this acquisition — all of which occur in the U.S. and
includes Cycra’s industry-leading utilization of injection molding and
thermoforming — will ultimately prove to be of benefit to our customers
and our own in-house racing quotient.”
“Being part of a company
that is synonymous for excellence in racing and performance is truly
exciting,” says Glen Laivins, co-founder of Cycra Racing Systems. “The
Cycra brand is already regarded as the premium plastic brand in both the
motocross and off-road markets. Being dedicated to manufacturing our
products on U.S. soil has always been at the core of our business. Now
with CV Products, this commitment is even greater with their wide range
of U.S.-based manufacturing infrastructure.”
The acquisition will
allow CV Products to grow its existing powersports brands CV4, X2 and
Xceldyne through distribution channels without causing disruption to its
core auto racing customer base.
The terms of the transaction were not disclosed.
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