Lund International, Inc. announces the purchase of certain assets of Trenz located in Bakersfield, California.
Trenz is a wholly owned subsidiary of PAC Holding Company.
On May 20, 2004, Lund International entered into an Asset Purchase Agreement offering to purchase substantially all of Trenz’s assets out of the PAC Holding Company, Chapter 11 Bankruptcy case filed in the United States Bankruptcy Court for the District of Delaware.
On June 22, 2004, the Bankruptcy Court authorized the sale of Trenz’s assets to the Lund.
Trenz is in the business of designing, manufacturing and marketing custom grills to aftermarket warehouse distribution and catalogue customers. Trenz also offers interior and exterior accessories, bumpers, and custom steering wheels.
Trenz is located in Bakersfield, California, where it leases a 28,000 square foot facility and employs approximately 65 people.
Dennis Vollmershausen, president and CEO of the Lund stated that, “the company believes that the acquisition of Trenz expands and complements our automotive accessories business. We are pleased to now have the highest quality, most innovative, and broadest line for the custom grill category.”
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