MERRITT ISLAND, Fla. — Air-suspension products maker Arnott Inc. has acquired the assets of the former AccuAir Control Systems suspension company, enabling it to expand within the performance and light vehicle market, in addition to the powersports industry.
AccuAir Suspension, based in southern California, filed for bankruptcy in early April, blaming the shutdown on the effects of the COVID-19 pandemic, according to a Facebook post. The factory employed about 70.
The purchase price was not disclosed.
Arnott said AccuAir is known for its air-management systems, especially suspension controllers. Arnott said it will bring the technical assets of AccuAir to its Merritt Island facility, pairing AccuAir and Arnott engineers to get the suspension controllers back into market as well as develop new, user-friendly air suspension systems for a range of performance applications.
Arnott CEO Joe Santangelo scalled AccuAir "a good strategic fit" within the Arnott portfolio. He said the product line will relaunch in early 2021.
"AccuAir has a well-established reputation of developing high quality, innovative air suspension control technology, and we plan to pair it with our 30 years of experience to expand our reach in the performance aftermarket and the SEMA enthusiast upgrade space," Mr. Santangelo said.
"The brand reputation has remained strong through the devotion of its loyal customer following, and we plan to reinvigorate it with new product innovation."
According to Mr. Santangelo, "AccuAir customers will again be able to get products they love, but they'll also have a wider and more extensive range of new products from which to choose."