StockMarketWire.com - Instrumentation and controls company Spectris said it had completed the acquisition of automotive test system group Revolutionary Engineering from company management for $19m.

The target specialised in driveline test services, particularly for e-motors and hybrid drivelines.

It would be absorbed into Spectris's Millbrook unit and re-branded as Millbrook Revolutionary Engineering.

'The acquisition is an important step in Millbrook's strategy to extend its reach into new geographies, and further expands its capacity and capabilities in testing propulsion systems, including the testing of batteries, inverters and e-motors,' Spectris said.




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