Vari-Form Joins Crowne GroupNovember 1, 2015
Vari-Form, Troy, MI, a manufacturer of lightweight, hydroformed structural parts for pickup trucks, SUVs and light vehicles, has announced the acquisition of the company by Crowne Group, LLC. Terms of the transaction were not disclosed.
“We are excited to begin working with Crowne, a known leading manufacturer and distributor of component parts in the automotive industry, which has strong long-term relationships with many of its top customers including OEMs and Tier One suppliers,” says Jim Maraz, Vari-Form chief financial officer. “Combining our industry knowledge and building on our customer relationships will enable Vari-Form to maintain and further develop its product offerings for our OEM and supplier partners.”
Adds Stephen Graham, chief financial officer of Crowne: “Vari-Form represents an excellent strategic fit for Crowne with its industry-leading hydroforming technology and strong and expanding base of blue-chip customers.”
See also: Vari-Form, Inc.
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