Advik acquires German braking system manufacturer Powersports MTG

Advik acquires German braking system manufacturer Powersports MTG

Global automotive components maker Advik on Tuesday said it has acquired German mechanical and hydraulic braking system manufacturer Powersports MTG for an undisclosed sum. The acquisition will create additional expertise for Advik in premium motorcycle safety components, which will also drive technologies in the large segment of ICE (internal combustion engine) and electric-powered commuter motorcycles … Read more