Bridgwaters car accessories range from cars to motorcycle helmets, bicycles and even cars and motorcycles.
The company was founded in 2011 by a couple who wanted to create a range of products that were affordable and safe for everyday use.
Its products have been widely popular with customers in Ireland, the UK and Europe, as well as in the US and elsewhere.
Its first car was the Honda Civic, which was sold in Ireland in 2010.
Since then, Bridgowers car accessories have gone global, with the company now having stores in the United States, Canada, Mexico and China.
The new owners have been looking to expand its reach into other markets and, in particular, to bring its range of cars and motorcycle helmets to the UK.
The acquisition was announced on Thursday, when Bridgews parent company, Bridgestone, announced it had agreed to sell its stake in the company to the company.
The buyer is the German car manufacturer, Rheinmetall, which also owns the rights to the brand Bridgestones car accessories.
The car accessories maker was founded by a pair of brothers, Ben and Michael, and is owned by Rhinehart, a German billionaire who also owns major car brands BMW, Audi, Porsche and Volkswagen.
It has been profitable since 2008, and the firm has been growing its global sales and revenues to more than $10bn a year.
The deal is worth $1.8bn, according to Thomson Reuters data.
Bridgwaters new owners will retain the company’s trademark and brand, but will be able to retain its brand name and brand of products, which will include bike helmets, helmets and safety gear.
The BridgestONES car accessories will remain the company brand.
Rhinestone has been a leading brand for years and has a loyal following in the UK, where the company sells a range in the range of bike helmets and other safety products, including safety belts.
Briegway said it would remain based in the city, but said it expected its UK business to be sold to a buyer that is more globally focused and better positioned to manage the UK’s changing market environment.
Briggway said its new owners were taking on a new set of challenges, including a reduction in the number of employees and a shift in business models to more sustainable business models.