Wegmann automotive acquires valve business from Alligator Ventilfabrik
Wegmann automotive, the company behind the Hofmann Power Weight and Perfect Equipment wheel balancing weight and the Hofmann Power Solutions battery bushings brands, has acquired the valve business of Alligator Ventilfabrik. Under the terms of the agreement reached between the two firms, Wegmann automotive will take ownership of Alligator sales and distribution operations for passenger car and heavy-duty truck tyre valves as well as for TPMS sensors and tools in both Europe and North America.