Coker Group Acquires 2 Wheel Brands
The Coker Group is acquiring PS Engineering Inc. and Vintage Wheel Works. Coker Tire will become a distributor of both brands, giving customers the company's first aluminum wheel offerings in its catalog and online.
This purchase represents the second major acquisition by the Coker Group since its purchase by the Coker management team and Irving Place Capital in October 2018.
“We’re very excited to announce Coker Group’s purchase of PS Engineering and Vintage Wheel Works,” says Coker CEO and President Wade Kawasaki. “Both brands are a natural fit for the Coker Group portfolio, and they represent a continued focus on the restoration market while allowing us to give our customers a broader spectrum of choices.
"As our first aluminum wheel brands, we can now offer customers everything from a period-correct 15-inch five-spoke ‘mag’ style wheel to a 17-inch pro-touring wheel that still has a period correct feel, all backed by the quality, customer service and fulfillment they have come to expect from Coker.”
Vintage Wheel Works offers cast aluminum wheels in iconic styles popularized on muscle and race cars from the 1960s and 1970s. Its broad size and fitment options accommodate everything from restorations and period-correct builds to larger wheels for resto-mod and pro-touring cars, with diameters designed to accommodate modern performance brakes and tires.
PS Engineering has offered made-in-America two-piece cast aluminum wheels for vintage racing, motorsports, muscle cars and concours restorations for decades and will continue that tradition under Coker management. The brand has been a wheel of choice in the historic racing and Cobra communities for decades, and are competition proven on some of the fastest and rarest historic race cars.
Since 1958, Coker Tire Company Inc. has supplied collector vehicle enthusiasts with tires and wheels from the company's headquarters in Chattanooga, Tenn.. The company has distributors in more than 30 countries.
For more information, visit www.cokertire.com.