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Auto Meter Products, Inc. Acquires Dedenbear Products

SYCAMORE, Ill.--Auto Meter Products, Inc., a Harbour Group company, completed the acquisition of Dedenbear Products, Inc., Jeff King, President of Auto Meter, announced. Terms of the transaction were not disclosed.

Dedenbear, headquartered in Pleasant Hill, Calif., is a leader in the design and manufacture of highly-engineered electronic and mechanical products for competitive drag racers. The companys primary product lines include Dedenbear-branded delay boxes, starting line controllers, and throttle stops. Delay boxes and starting line controllers help sportsmen drag racers and bracket racers improve the timing and consistency of their launch process. Throttle stops allow drivers to precisely manage throttle position and speed throughout the race. Launch timing and accurate throttle response are key aspects to overall success in drag racing.

Mr. King said, We are eager to combine Dedenbears technical achievements with our own to create unique new offerings for our customers. Auto Meter is continually looking for ways to better serve our customers with integrated, intelligent products and controls. I am very pleased that Dennis Reid, the founder and technical leader of Dedenbear, will continue to focus on new-product development and technology advancement for Dedenbear as part of the Auto Meter/Dedenbear team. Adding Dedenbears widely recognized brand, excellent technology, and customer-first orientation represents another step forward for us.

We are excited about adding Dedenbears strong team, brand and technology to Auto Meter and the Harbour Group family, said Jeff Fox, Harbour Groups Chief Executive Officer. They fit perfectly with Auto Meters philosophy of providing category-leading products for automotive enthusiasts and professional race teams. Their products are the benchmark by which others are measured.

Auto Meter designs and manufactures a broad range of automotive gauges, test equipment, data acquisition systems and accessories for auto, truck, motorcycle and marine enthusiasts. From professional race teams to backyard mechanics, enthusiasts everywhere trust Auto Meter products to enhance the performance and appearance of their vehicles. Based here in Sycamore, Auto Meter delivers products to enthusiasts around the world through a comprehensive distribution network of wholesale distributors, retailers, professional resellers and original equipment manufacturers.

Harbour Group, a privately owned company based in St. Louis, and its operating companies are engaged in the manufacture and distribution of a wide variety of consumer and industrial products. In addition to abrasives, diamond cutting products and related tools, current offerings include automotive enthusiast products, lubricating systems and equipment, specialty LED lighting products, linear actuators and switches, entertainment products, auxiliary plastic processing equipment, and heat exchange equipment. Since its founding in 1976, Harbour Group has completed 151 acquisitions in 32 industries.