COSWORTH ACQUIRES PERFORMANCE EV FIRM

Performance engineering firm Cosworth is to acquire Delta Motorsport, a Silverstone-based firm that develops battery and vehicle dynamics control systems. Terms of the deal have not been disclosed.

Firms have previously worked on joint projects

A relationship between the two companies was long established. Prior to the acquisition, Cosworth had been working with Delta on a number of projects, most recently on development of a new hybrid solution for the British Touring Car Championship, set to debut in 2022.

READ: NEW ACQUISITION FOR ALLIANCE AUTOMOTIVE

Managing Director of Delta, Simon Dowson said: “Nick [Carpenter, Co-Founder] and I wanted to find a company who could help take the business to the next level. During this process we had already started working with Cosworth and found the culture, mindset and complementary skillset a perfect match. The Cosworth brand is synonymous with high quality performance products and I am really excited to be part of the group and to continue the growth of Delta.”

For the latest news and analysis from around the aftermarket, sign up to the CAT eNewsletter today

 

 

 

 

 

 

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

BANNER SECURES €60m BATTERY ORDER

Austrian company will supply 1.5 million lead acid batteries to the North American market

Read More

BUDGET 2021: ‘SUPER DEDUCTION’ APPLAUDED BY PRA

Scheme provides incentive to invest during ‘these difficult times’ according to fuel association chief

Read More

BUDGET 2021: BUSINESS SUPPORT MEASURES WELCOMED BY IGA

Stuart James warns: “Hard times ahead for independent garages”

Read More

NEW OIL BRAND IN AT ECP

Product range will not replace any other brand, according to the company

Read More

AAG ACQUIRE UCKFIELD FACTOR

Two-branch UAN member becomes part of Alliance Automotive Group

Read More

Go to comments

Your email address will not be published. Required fields are marked *