💨 Abstract

ADVIK, an automotive product manufacturer, has acquired Powersports MTG GmbH, a motorcycle braking and clutch system manufacturer. The acquisition expands ADVIK's product range and customer base, aligning with its growth trajectory. The acquired company, a spin-off from MAGURA, brings advanced braking technologies reducing friction and enhancing control.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖