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AB Dynamics acquired Dynamic Research for $25m.

Synopsis

AB Dynamics, the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive sector, acquired Dynamic Research, a leading supplier of automotive engineering products and services to the US automotive market, for $25m. James Routh, CEO, said: "The Acquisition supports our strategy to complement long term, sustainable organic growth with attractive acquisitions. This strategy is disciplined and highly targeted against defined strategic, operational, financial and cultural criteria and DRI clearly meets those criteria. DRI has an outstanding reputation in the field of ADAS testing product technology and is a business that AB Dynamics has known, worked with and respected for many years, significantly de-risking the process."

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