Kobelt Acquires Accu-Steer
Manufacturer of quality hydraulic steering actuators will join Kobelt to expand marine system offerings. Kobelt announced today the acquisition of Accu-Steer Inc., a US-based manufacturer of quality Hydraulic Steering Actuators. Founded by Bill Pulse and Paul Barber in 1993, Accu-Steer designs and builds a range of hydraulic power steering units. For over 22 years, the company has specialized in the design and manufacturing of reliable solutions for guiding and controlling motion on commercial vessels and pleasure craft. “The synergies between the Kobelt and Accu-Steer product lines make these two companies such a natural fit.” stated Bill Pulse, Accu-Steer President.
Kobelt Hires Business Development Managers
Kobelt announced today the hiring of Lance Lidstone and Sylvain Robitaille as Business Development Managers. Both will report directly to David Bockhold, CEO, and will be responsible for business development in the controls and steering sectors worldwide. Lance Lidstone comes to Kobelt with over 30 years of experience in technical sales and engineering roles with Wagner, Jastram and AMT. Lance has a deep technical understanding of steering systems, classifications and hydraulics, but has also held roles in senior management and sales, providing a balanced approach to understanding the needs and requirements of the shipbuilding industry.
Kobelt Manufacturing Acquired by Private Equity Firm
Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners. Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry. Over the next five decades his manufacturing company produced a broad range of rugged marine steering and controls and disk brakes designed to perform in the most challenging environments. Kobelt has collected dozens of patents for its cutting-edge products, which are sold in over 100 countries. Mr. Kobelt has elected to sell the company and transition into retirement. David Bockhold has been selected to take over the reins as Kobelt’s new CEO.
