American automotive supplier buys manufacturer

Cannock’s ATP Industries Group has announced it is to offload a trio of its businesses to US-based ATC Drivetrain, a remanufacturer of automotive components. The three businesses being sold are ATP Automotive Transmission Remanufacturing Specialists Limited, ATP Electronic Developments Limited and ATP Holdings USA LLC. Collectively, the companies are known as ATP, and reported combined revenues of £12.6m and EBITDA of £2.1m in the year to 30 April 2018. Staffordshire’s ATP Industries Group was founded in 1969 by former ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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