S&S Cycle acquires Crane Cams assets
April 24, 2009
Filed under Features
S&S Cycle has acquired a variety of assets from Florida-based Crane Cams Inc., the company reported in a statement Thursday. Crane Cams closed its doors in February and held a liquidation sale.
The assets include inventory, intellectual property and trademarks for all Crane automotive and motorcycle electronic products as well as Crane motorcycle valve train products. The intellectual property purchased includes designs, drawings and cam profiles. Crane automotive valve train products were not part of the acquisition.
S&S Cycle says it will continue to sell Crane products through the same distributors and dealers who have sold them in the past, and it will establish a new facility in Daytona Beach to manage the business and provide customer service and technical support.
Since the acquisition does not include the Crane facility or equipment, manufacturing of valve train products will be moved to the S&S Cycle manufacturing facility in Viola, Wis.
“The addition of this product line is a natural fit for our current in-house cam manufacturing capabilities as our equipment and processes are state of the art,” S&S CEO George Smith said in the statement. “We’re also excited that the highly successful Crane motorcycle and automotive electronics line is included with this acquisition.”