Madison, Indiana -- October 4, 2016 -- Vehicle Service Group (VSG) has acquired the Ravaglioli S.p.A. Group. The Ravaglioli S.p.A. Group is headquartered in Italy and manufactures lifts, wheel service equipment and diagnostic equipment for passenger and commercial vehicles.
“We are delighted to welcome the Ravaglioli team to VSG. Ravaglioli’s leading products and history of innovation will allow us to significantly expand our capabilities, reach and product portfolio,” said Niclas Ytterdahl, President of VSG.
Prior to the acquisition, VSG already comprised nine major vehicle lifting and collision repair brands: Rotary Lift, Chief, Forward, Direct-Lift, Hanmecson, Revolution, Elektron, Blitz and Nogra.
“VSG is a 90-year-old company that has the world’s most recognized brands for best-in-class vehicle repair equipment," said Matt Webster, Vice President and General Manager for VSG The Americas. "The addition of Ravaglioli to the VSG portfolio provides a very natural and logical extension to our product offerings.”
VSG will announce plans for its new expanded product portfolio in the coming weeks.
The Ravaglioli S.p.A. Group was founded in 1958. The company's equipment can be found in repair facilities throughout the world. The firm manufactures a wide variety of lifting, tire changing and diagnostic equpiment, but Ravaglioli's two-posts lifts are worthy of special mention. The company has sold over 350,000 of the units to date.
For more information on the Ravaglioli S.p.A. Group, please visit ravaglioli.com.