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Holley Performance Brands Acquires HRX, Expanding Safety & Racing Portfolio
Globenewswire· 2026-03-20 12:30
Core Insights - Holley Performance Brands has acquired HRX, an Italian motorsports racewear brand, enhancing its capabilities in the European motorsports market [1][2][3] Group 1: Acquisition Details - The acquisition of HRX adds complementary racewear capabilities to Holley's Safety & Racing portfolio [2] - The financial terms of the transaction were not disclosed [1] Group 2: Strategic Importance - HRX has a strong presence in European racing circuits and focuses on technical racewear and customer relationships [2] - The acquisition aligns HRX's product offerings with Holley's existing safety brands, including Simpson, Stilo, HANS, and RaceQuip [2] Group 3: Leadership Statements - Holley’s CEO, Matthew Stevenson, emphasized that HRX is a strategic addition that supports the company's vision of being a leader in automotive performance solutions [3] - HRX's Managing Director, Ago Alberghino, noted that joining Holley will allow HRX to scale its capabilities and reach a broader global customer base [3]