Kinderhook Industries-backed Automotive Keys Group to acquire Midwest Keyless.

Kinderhook Industries-backed Automotive Keys Group, a remanufacturer and distributor of replacement automotive keyless entry remotes, agreed to acquire Midwest Keyless, a remanufacturer and distributor of replacement OEM. Financial terms were not disclosed. "The Midwest Keyless team is an invaluable addition to AKG and together we will enhance the growth potential of our combined businesses. The integration of Midwest Keyless will allow us to better serve our customers and expand our relationships with locksmiths and other professionals nationwide and in Canada," Ayal Sharvit, AKG CEO.