Vehicle Service Group (VSG), which includes in its brand portfolio such names as Chief and Elektron, announced that it has acquired the Ravaglioli S.p.A. Group. Headquartered in Bologna, Italy, the Ravaglioli S.p.A. Group is one of the world’s leading manufacturers of lifts, wheel service equipment and diagnostic equipment for cars, trucks, commercial vehicles and motorbikes.
The acquisition allows VSG to expand its product portfolio with world-class wheel and tire service and diagnostics equipment backed by a long track record of innovation.
“We are delighted to welcome the Ravaglioli team to VSG,” said Niclas Ytterdahl, president of VSG. “Ravaglioli’s leading products and history of innovation will allow us to significantly expand our capabilities, reach and product portfolio.”
Added Matt Webster, vice president and general manager for VSG The Americas, “VSG is a 90-year-old company that has the world’s most recognized brands for best-in-class vehicle repair equipment. The addition of Ravaglioli to the VSG portfolio provides a very natural and logical extension to our product offerings.”
VSG will announce plans for its new expanded product portfolio in the coming weeks.