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June 05, 2018 02:00 AM

Wheel Pros buys maker of Gorilla lug nuts, wheel locks

Tire Business Staff
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    SANTA MONICA, Calif. — Aftermarket wheel marketer Wheel Pros Holdings L.L.C. has acquired Amcor Industries Inc., the designer and distributor of Gorilla-brand automotive aftermarket lug nuts and wheel locks.

    The acquisition of Santa Monica-based Amcor/Gorilla Automotive adds a complementary portfolio of aftermarket accessories to Wheel Pros' expanding selection of products, Wheel Pros said.

    Los Angeles-based Gorilla Automotive designs, makes and sells branded lug nuts, wheel locks, and accessories to retailers across North America.

    Financial terms of the deal were not disclosed.

    "We are excited to welcome Gorilla to the Wheel Pros family," Jody Groce and Randy White, co-founders and co-CEOs of Wheel Pros, said.

    "Gorilla has spent more than 40 years building its brand into the leader in aftermarket lug nuts and wheel locks with an unparalleled focus on quality. We look forward to offering enhanced services to Gorilla's existing customers, as well as introducing new customers to Gorilla's high-quality products through our global network of distribution centers."

    Wheel Pros itself was acquired just weeks ago, by Clearlake Capital Group L.P., a Santa Monica-based private investment firm focused on industrials and energy; software and technology-enabled services; and consumer related businesses.

    Denver-based Wheel Pros serves over 10,000 retailers with a growing global network of 33 distribution centers spanning North America and Australia, according to Clearlake.

    The Company has a portfolio of 12 proprietary brands with more than 300 custom wheel styles.

    José Feliciano, co-founder and managing partner, and Colin Leonard, partner of Clearlake, called the acquisition of Gorilla Automotive "highly complementary" to Wheel Pros' existing products.

    The parties did not disclose Amcor's annual sales.

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