Vehicle Service Group (VSG), a global leader in the vehicle service industry, announced it has acquired the Ravaglioli S.p.A. Group.
Headquartered in Bologna, Italy, the Ravaglioli S.p.A. Group is one of the world’s manufacturers of lifts, wheel service equipment and diagnostic equipment for cars, trucks, commercial vehicles and motorbikes.
The acquisition allows VSG to expand its product portfolio with world-class wheel and tire service and diagnostics equipment backed by a long track record of innovation.
“We are delighted to welcome the Ravaglioli team to VSG," Niclas Ytterdahl, president of VSG said. "Ravaglioli’s leading products and history of innovation will allow us to significantly expand our capabilities, reach and product portfolio.”
“VSG is a 90-year-old company that has the world’s most recognized brands for best-inclass vehicle repair equipment. The addition of Ravaglioli to the VSG portfolio provides a very natural and logical extension to our product offerings,” added Matt Webster, vice president and general manager for VSG The Americas.
VSG will announce plans for its new expanded product portfolio in the coming weeks.
