Announced

Completed

Kessler & Co completed the acquisition of Timoney Dynamic Solutions from Mobility Systems, for $24.48m.

Synopsis

Kessler & Co, a manufacturer of driveline components and systems for heavy-duty vehicles, completed the acquisition of Timoney Dynamic Solutions, an Irish specialist in suspension engineering and mobility solutions, from Mobility Systems, a subsidiary of ST Engineering's land systems arm, Singapore Technologies Kinetics (ST Kinetics), for $24.48m. The combination of two long-standing industry experts strengthens the offering of both companies – particularly for customers in the off-highway and defence sectors. Timoney contributes extensive vehicle system knowledge and decades of experience in vehicle dynamics, independent suspension design, and modular mobility platforms. Kessler complements these strengths with a lean, flexible manufacturing operation featuring high in-house value creation across five production facilities, delivering precision and world-renowned quality.

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MergerLinks - Kessler & Co completed the acquisition of Timoney Dynamic Solutions from Mobility Systems, for $24.48m.