UK: Torotrak acquires 15% of Rotrex AS

Torotrak has announced that it has acquired a 15% equity stake in Danish supercharger technology company Rotrex AS, for £0.5m (US$0.75m) in cash. The two companies will also form a UK-based 50:50 joint venture. The new joint venture – Rotrak - will exploit opportunities associated with the downsizing of engines, which Subscribe to Automotive World … Continued

• By Webmaster
• May 13, 2010