Tillotson acquires PVL Electronic und Elektrotechnik Creating an Expanded Global Support Network
Tillotson, a leading international developer and manufacturer of carburetor and small engine technology acquires PVL Probosch-Vogt-Loos Electronic and Elektrotechnik GmbH & Co KG, a leader in advanced ignition systems for small engines; Tillotson and T/CCI Manufacturing Group broaden their European footprint and offerings, and PVL gains improved access to international markets
TRALEE, Ireland and CADOLZBURG, Germany, June 29, 2021 /PRNewswire-PRWeb/ -- Tillotson Limited ("Tillotson"), a leader in carburetor and small engine technology for the lawn and garden, karting and recreational motorsports industries, is pleased to announce that it has acquired all of the assets of PVL Probosch-Vogt-Loos Electronic and Elektrotechnik GmbH & Co KG ("PVL"), a leader in ignition systems, stators, rotors and flywheels. The acquisition will be conducted through a newly formed subsidiary called PVL GmbH and will continue operating in its current facility in Cadolzburg, Germany.
Tillotson and its affiliate T/CCI Manufacturing Group, LLC, which manufactures air conditioning compressors and air brakes for the commercial vehicle and transport refrigeration markets, operate on a global basis with facilities in the US, Europe, Asia and South America.
"We are extremely excited about this acquisition," commented Charles A. Demirjian, President of Tillotson. "We are a customer of PVL and believe their products are the best in world. They operate in the same markets we do, and we have many common customers. We believe the acquisition will provide all our customers with access to the best products in our categories and an expanded global support network to help them grow and thrive."
Andreas Probosch, who has guided PVL through its insolvency proceedings, will remain as Managing Director, and the new entity will continue operating with all of its former employees. "At PVL, we have a team that has fought with tremendous passion and energy to improve our business over the past few months, and we are very excited that our efforts have now been crowned with success," Mr. Probosch noted, "with the backing of Tillotson and its affiliates, we can bring our innovative systems to an international market on an accelerated basis. We are grateful to all our customers and suppliers who have supported us throughout our reorganization process and look forward to working with them as we enter this next chapter in our story."
About Tillotson:
Tillotson, headquartered in Tralee, Ireland, provides small engines and fuel systems for professional and consumer lawn & garden equipment such as chainsaws, trimmers, blowers and concrete saws, and for the professional and hobby karting and recreational motorsports markets. Since 1914, Tillotson has been creating innovative products that helped create and expand the racing, handheld and recreational motorsport markets. Tillotson's carburetors are homologated for international karting competition and have helped pilots win European and World Championships for over 40 years. Tillotson's TCT fuel system, developed in partnerships with Fjölblendir ehf, helps engine manufacturers lower exhaust emissions while at the same time increasing engine performance and improving fuel economy. The Tillotson T4 Series is an affordable high-performance kart racing series that allows motorsport enthusiasts to compete at races around the world, culminating with the best pilots from around the world meeting at the T4 World Cup, scheduled this year at Whiteriver Park September 17-19.
For more information, visit tillotson.ie
About PVL:
PVL, headquartered in Cadolzburg, Germany, has been designing and manufacturing innovative analogue and digital ignition systems and other components for the small engine market for more than 50 years. PVL's high-performance electronic ignition systems spark a wide range of industries (race, recreational sports, aviation, construction, forestry and garden) and are found everywhere where ignitions have to function reliably in the most adverse environmental conditions – in lawnmowers, outboard engines, jet skis, motorcycles and karts. PVL's ignition modules are homologated for international karting competition and have carried drivers to numerous European and World Championships for over 25 years.
For more information, visit PVL.de
Media Contact
Charles A. Demirjian, Tillotson, 312-961-8454, [email protected]
Andreas Probosch, PVL, 49 9103 792-111, [email protected]
SOURCE Tillotson
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