Truck Hero Inc. Announces Acquisition of Lund International

Truck Hero Inc. Announces Acquisition of Lund International

Truck Hero has once again added to its extensive brand portfolio with the recent acquisition of Lund International, which is a portfolio company of Highlander Partners, LP. Lund is based in Buford, Georgia and is a leading designer and manufacturer of branded automotive accessories for all types of vehicles. Lund was founded in 1965 and has roots dating back to the 1920s, and has built itself into one of the world’s leading automotive accessory providers with brand names such as AMP Research, AVS, Belmor, Bushwacker, LUND, Rampage Products, Roll-N-Lock, Stampede Automotive Accessories and TonnoPro. “This is an opportune time to bring Truck Hero and Lund together,” said Bill Reminder, President and CEO of Truck Hero. “Mitch Fogle and the entire Lund team have built an impressive collection of great companies which will be a perfect match to Truck Hero. We look forward to working with Mitch and his team to leverage our combined capabilities to further build the Company’s position as the foremost source for automotive aftermarket accessories.” Mr. Fogle stated, “We believe the merger of these two great companies is a winning combination. Together, we manufacture and commercialize market-leading brands that encompass the broadest product offering of vehicle accessories. We are extremely happy to join Bill and the Truck Hero family to continue to drive innovation across the industry.” This transaction marks Truck Hero’s fifteenth acquisition since its formation in 2007 and its second in the last few weeks, with the previous acquisition of Backrack at the end of April.

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