SOUTHFIELD—Irvin Products, a subsidiary of the Piston Group formed by Detroit businessman and NBA legend Vinnie Johnson, announced the acquisition of Chicago-based A. Lava & Son, a cover supplier in the North American mattress market.
Lava, established in 1917, was a family-owned business and is the largest American cover producer supporting the bedding industry.
This acquisition expands Irvin Product’s footprint into the Midwest region and further diversifies the company’s growing list of markets, products and end customers.
“A. Lava’s expertise and industry relationships, combined with Irvin’s consumer volume, capacity and investment capabilities, will position us to further diversify and grow revenues outside of automotive and capitalize on the expanding market opportunity in the bedding segment,” said Piston Group founder, chairman and CEO Vinnie Johnson. “A. Lava’s strong reputation in the bedding market compliments what we have built and grown at Irvin Products since Piston Group acquired them in 2016.”
Piston Group is comprised of Piston Automotive, Irvin Products, Detroit Thermal Systems, and AIREA, is headquartered in Southfield. It designs, engineers, assembles and manufactures a wide variety of automotive parts and systems. AIREA is an office design studio and furniture dealer. Piston Group, founded in 1996, is one of the largest private, minority-owned automotive suppliers in North America. Piston Group employs nearly 10,000 people at more than 20 locations across North America. Last year, the firm posted revenues of $2.9 billion. Visit www.pistongroup.com for more information.