Standard Motor Products completed the acquisition of Trombetta from Fulham & Co for $108m.

Standard Motor Products, a manufacturer of replacement parts and automotive related items for the automotive industry, completed the acquisition of Trombetta, a company providing power switching and power management products to OE customers in various markets, from Fulham & Co, a private equity firm, for $108m. "Founded in 1932, Trombetta has a long history of supplying high-quality products to a broad group of blue-chip OE customers across multiple commercial vehicle and off-highway channels, including heavy truck, construction, agricultural, electric vehicle and power sports markets. This acquisition fits very well with our strategy to expand beyond our core aftermarket business into related markets, and is highly complementary with our recent Pollak acquisition," Eric Sills, Standard Motor Products CEO and President.