Rosco, Inc. Acquires Mirror Lite Company Asset
Rosco, Inc. Acquires Mirror Lite Company Asset
Queens, NY - December 13, 2012 –Rosco, Inc., a leading provider of rearview interior/exterior mirrors, sun visors, backup camera systems, and other automotive vision safety solutions announced today that it has entered into an agreement for the acquisition of the assets of Mirror Lite Company, a manufacturer of mirrors and sun visors for commercial vehicle markets, which is expected to close prior to the end of the year. This acquisition expands Rosco’s presence in the commercial vehicle industry, extends its current offering of mirror products, and further strengthens the company’s position as the leading provider of automotive vision safety solutions for the commercial vehicle industry.
Established in 1956, the Mirror Lite Company is headquartered in Rockwood, MI. The company designs and produces mirror and sun visor products primarily for the School Bus, Truck, and Military vehicle markets. Bill Schmidt, President of Mirror Lite, announces his retirement with this transaction and looks forward to supporting customers during the transition.
According to Ben Englander, Rosco’s Vice President of Engineering, “The convergence of technology from both companies will enable Rosco to continue providing cutting edge vision safety products to the medium and heavy-duty vehicle marketplace. Bringing the two organizations together will create efficiencies and synergies to help keep Rosco lean in today’s competitive environment.”
Rosco has over 100 years of automotive vision safety experience that, combined with Mirror Lite’s 57-year history, represents a wealth of commercial automotive vision solutions, knowledge, and capability to build on for the future. Rosco is excited about the opportunity to expand its mirror product line and customer base.
Rosco is a leading manufacturer of rearview mirrors, backup camera systems, and continuous automotive event recorders, offering a wide selection of products designed to improve the safety of drivers, passengers, and pedestrians.
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