Turnspire Capital Partners portfolio company Infinity Engineered Products has acquired Meklas Otomotiv, a European manufacturer of air springs founded in 1986 which primarily serves aftermarket customers for commercial vehicle applications.
Infinity is the exclusive global provider of Goodyear branded air springs. The company plans to use the purchase to re-introduce the Goodyear brand to Europe and other geographic markets.
The firm also says that the combined business will benefit from Meklas’ strong sourcing and manufacturing capabilities in Turkey, to enhance Infinity’s work in North America. Infinity believes that Meklas’ engineering capabilities, combined with its ability to innovate, will allow it to better serve customers across the entire value chain.
Herguner Bilgen Ucer and Freshfields LLP served as legal counsel to Infinity in the transaction.
