# Worksport Acquires Truck Bed Accessory for U.S. Expansion

> Worksport plans to buy a truck bed accessory business to boost its U.S. manufacturing and product range.
- Title: Worksport Acquires Truck Bed Accessory for U.S. Expansion
- Summary: Worksport plans to buy a truck bed accessory business to boost its U.S. manufacturing and product range.
- Keywords: worksport, truck bed accessory, tonneau covers, u.s. manufacturing, product portfolio, acquisition, solar tonneau covers, hyundai partnership, Pulse 2.0
- Source: Pulse 2.0 — https://pulse2.com/worksport-proposed-truck-bed-accessory-acquisition-to-expand-u-s-manufacturing-and-product-portfolio
- Author: Amit Chowdhry
- Published: 2026-11-09T18:21:28+00:00
- Read time: 1 min
- Topics: worksport, truck bed accessory, tonneau covers, u.s. manufacturing, product portfolio, acquisition, solar tonneau covers, hyundai partnership, startups, business
## Worksport Announces Acquisition
Worksport, a u.s.-based manufacturer of automotive accessories and clean energy technologies, signed a non-binding term sheet to acquire an established truck bed accessory business and its associated intellectual property portfolio.
## Proposed Transaction Details
The proposed acquisition involves a patented, u.s.-manufactured accessory already commercially available to improve access to cargo stored in pickup truck beds.
## Product Complementarity
Worksport intends to combine the accessory with its existing tonneau covers to offer additional functionality and create standalone and bundled sales opportunities.
## Existing Infrastructure
Worksport leverages its established manufacturing infrastructure, nationwide dealer network, and direct customer relationships to support the product’s commercialization and growth.
## Customer Base and Distribution
Worksport has over 50,000 targetable customers and a nationwide distribution network that accounted for approximately 50% of its september 2026 net sales.
## Market Opportunity
According to specialty equipment market association data, vehicle owners spent more than $15 billion modifying pickup trucks in 2025, including $4 billion on utility accessories.
## Financial Context
Worksport reported record preliminary net sales of approximately $7.24 million in its third-quarter 2026 financial results, with net cash used in operating activities declining to 5% of net sales.
## Key takeaway

Worksport will acquire a truck bed accessory business to expand its U.S. product portfolio and manufacturing capabilities.