2014-08-04G.U.D. Holdings is pleased to announce the acquisition of Precision Press, a leading manufacturer of automotive metal pressing and sub-assemblies. Precision Press will join the G.U.D. Holdings stable of companies that include premium automotive brands G.U.D. Filters, FRAM Filters, Safeline Brake Pads and Indy Oil. â€œThe acquisition of Precision Press is aligned with our strategy of being a leader in the manufacture and marketing of automotive products, and strengthens our relationship with our OE customer base.â€ says Red Shuttleworth, CEO, G.U.D. Holdings. Precision Press has an established reputation manufacturing OE quality automotive components since 2004 at their Cape Town based operations. â€œWe have grown from our humble beginnings into a leading automotive metal pressing business and the acquisition will enable a step change in the business through the introduction of Servo Press technology, the first of its kind in South Africaâ€, believes Simon Ledgerwood, founder and Managing Director of Precision Press. Precision Pressâ€™ commitment to quality and product innovation makes them a fitting accompaniment for G.U.D. Holdings. The automotive industry can look forward to many exciting developments from this new partnership.