ADVIK Obtains Germany Based Powersports MTG GmbH, a Motorbike Braking and Clutch Actuation Producer
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Via its next-gen innovative stopping technology, ADVIK will provide hydraulic stopping & & clutch system to worldwide markets.
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The acquisition will develop added expertise for ADVIK in costs motorcycle security parts which will certainly additionally drive innovations in the big sector of commuter motorbike and scooter, both in ICE and EV.
Via its next-gen innovative stopping technology, ADVIK will provide hydraulic stopping & & clutch system to worldwide markets.
The acquisition will develop added expertise for ADVIK in costs motorcycle security parts which will certainly additionally drive innovations in the big sector of commuter motorbike and scooter, both in ICE and EV.
ADVIK , a leading auto item producer, has effectively acquired Powersports MTG GmbH, a motorbike mechanical and hydraulic braking system and clutch system manufacturer. Powersports MTG GmbH (” Powersports ) was developed as a spin-off company for the powersports service from Gustav Magenwirth GmbH & & Co. KG, called MAGURA, a German firm based in Bad Urach, developed in 1893 that develops, creates and markets high-quality components with a focus on brake and clutch systems for two-wheelers. This action places ADVIK right into checklist of sophisticated brake system providers, aligning with its growth trajectory. The acquisition expands ADVIKs product array and customer base, aiming to boost the advancement of next-gen stopping remedies. This purchase was performed via ADVIK’s Singapore subsidiary ADVIK Singapore Pte. Ltd. Powersports finished 2024 with a solid revenue having a tendency to 30 million Euro. Powersports procurement brings advanced brake system and clutch system for on and off-road consisting of high-end and racing motorcycles. Schedule includes bike master cylinder and caliper together with inclined radial, totally radial and axial master cylinder in addition to drifting caliper and repaired caliper. These innovations decrease rubbing, enhance brake feel and regulate across varied roadway problems.
(From Left to Right) – Mr. Aditya Bhartia, Handling Director of ADVIK team, Mr. Fabian Auch, Taking Care Of Partner of MAGENWIRTH Technologies GmbH
Mr. Aditya Bhartia, Taking Care Of Supervisor of ADVIK team, revealed exhilaration about the procurement, emphasizing its contribution to a risk-free & & reputable innovative braking system. Mr. Bhartia said,” This acquisition of the two-wheeler braking system of MAGURA, with a rich background of greater than 100 years, not only brings sophisticated technology for hydraulic stopping and clutch system to larger part of the Globe, it likewise includes manufacturing and research study & & growth capacities in Germany. With 60 plus patents, this purchase is very strategic to ADVIK to get accessibility to hydraulic braking and clutch modern technology. Powersports client include leading two-wheeler OEMs in Europe and United States for stopping and clutch systems. This would assist ADVIK to develop its impact in Europe from where it can increase and service its consumers at its doorstep. This is a progression right into our vision of being a leading braking system supplier worldwide for two-wheeler (bike and scooter)”. He added that, “ADVIK would certainly carry forward the legacy of greater than 100 years and purposefully broaden the two-wheeler stopping system portfolio Worldwide.
Mr. Fabian Auch, Managing Companion of MAGENWIRTH Technologies GmbH, was thrilled to have ADVIK as the new proprietor of the Powersports organization. Mr. Auch claimed:” I am delighted to handover this business to ADVIK, a group that has the expertise to additional grow the two-wheeler braking systems service. I make certain the Powersports service has actually found its righteous location, where it will certainly flourish and grow.
About ADVIK
ADVIK Hi-Tech Pvt. Ltd. (ADVIK) group is a leading supplier of accuracy components and systems for vehicle markets worldwide and has actually grown exponentially over the last 20 years. As part of development plan ADVIK 2.0 and ADVIK Method 2025, ADVIK aims to come to be a leading component and system provider to ICE, Different Fuel (CNG, LNG, H 2 and xEV (MHEV, HEV, PHEV & & BEV) Autos like Two-Wheeler, Guest Automobile, Commercial Vehicle, Tractor & & Off-Highway Car including Stationary Engine. ADVIK offers highly progressed and efficiently engineered value-added products in the areas of Pumps (Oil Pump, Water Pump and Air pump including electric version of them), Braking System (disc brake system), Valves & & Actuator and Option Gas Solutions and its parts.
Spread around the world, ADVIK has 10 modern facilities, 2 procurements and 9 TA’s. The company is run by a young group of extremely energised and driven specialists and has a culture that nurtures dexterity, intrapreneurship and technology. ADVIK has established a brand-new Business System (BU) and forayed into two brand-new line of product under it; Lithium-ion Battery Load for Energy Storage in Movement & & Stationary.
Concerning MAGENWIRTH Technologies
The family-run MAGENWIRTH Technologies Team, with a history dating back 132 years, is combined by its method, finance and entrepreneurial holding company. It offers the inspiration for entrepreneurship and serves as a networker in between technologies, staff members and partners. The holding firm supports the advancement of the modern technology and solution groups business, initiates vibrant and ingenious cross-company processes, incorporates technologies and harnesses synergies. The MAGENWIRTH Technologies Team employs around 600 individuals at 14 places worldwide.
