Univergomma completed the acquisition of MOMO from MW.

Univergomma, an aftermarket tires distributor, completed the acquisition of MOMO, a design company manufacturing accessories and parts for automobiles, from MW, an automotive and motorsports brands holding company. Financial terms were not disclosed. “This is a tremendous milestone for MW Company. We’ve protected and extended our ability to build the MOMO brand in North America while gaining increased flexibility and incentive to push innovation and growth. For our team, our partners, and our customers, this is business as usual. We remain MOMO’s exclusive distributor and brand steward in North America,” Andres Cisneros, MW Company CEO.