Prestolite Electric is a global manufacturer and supplier of alternators, starters, auxiliary electrical equipment, and services to the transportation, industrial, and military industry. With a strong heritage dating back to 1911, the company includes the Leece-Neville, Motorola, Butec, and Lucas CAV brands, reflecting a long history of engineering excellence and innovative products.
In Europe, Prestolite supplies to more than 40 OEM’s, while in the USA, it is the dominant supplier to the bus, truck, refrigeration, and military markets. In China, Prestolite is the number one supplier to the domestic bus and coach industry, delivering over 700k units annually.
The company has manufacturing and distribution locations in the United States, United Kingdom, Europe, China, Canada, Mexico, and Hong Kong, enabling customers' access to products and services under the Prestolite Electric and Leece-Neville brand names. Their global network of distribution associates ensures product availability, service support, and vehicle electrical education to keep vehicles and equipment in the value-added mode for the user.
Last investment of $33.50M was made in 18 January 2010 through a Venture Round, with Darby Technology Ventures as the investor.