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Announced

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AB Dynamics completed the acquisition of Venshure Test Services for $30m.

Synopsis

AB Dynamics, a designer, manufacturer and supplier of advanced testing, simulation and measurement products and services, completed the acquisition of Venshure Test Services, a provider of dynamometer-based testing services to the automotive sector in the USA, for $30m. "I am very pleased to announce the acquisition of VTS and the expansion of the Group's testing services provision in the USA. The acquisition expands both our capability and geographic coverage in the important and growing field of EV battery and powertrain performance evaluation," James Routh, AB Dynamics Chief Executive Officer.

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