+
Advik Acquires German Braking Systems Maker Powersports MTG
ECONOMY & POLICY

Advik Acquires German Braking Systems Maker Powersports MTG

Global automotive components maker Advik announced that it has acquired the German mechanical and hydraulic braking system manufacturer Powersports MTG for an undisclosed amount. The acquisition is expected to enhance Advik’s expertise in premium motorcycle safety components, driving innovation in both internal combustion engine (ICE) and electric-powered commuter motorcycles and scooters.

According to Advik, this acquisition positions the company among the advanced brake system suppliers and aligns with its growth trajectory. It will also help Advik establish a strong presence in Europe, allowing it to expand its services and support its customers locally.

The company also mentioned that the acquisition will expand its product range and customer base while advancing the development of next-generation braking solutions.

Aditya Bhartia, Managing Director of Advik Group, stated that the acquisition of Powersports MTG, including its two-wheeler braking system brand MAGURA, will not only bring advanced hydraulic braking and clutch technology to a broader market but will also add manufacturing and research and development capabilities in Germany. He emphasised that with over 60 patents, this acquisition is strategically important for Advik to access cutting-edge hydraulic braking and clutch technology.

Powersports MTG GmbH was established as a spin-off of the Bad Urach (Germany)-based powersports business from Gustav Magenwirth GmbH & Co KG, known as MAGURA, and specialises in the development, production, and marketing of brake and clutch systems for two-wheelers.

Bhartia further noted that Powersports' customer base includes leading two-wheeler original equipment manufacturers (OEMs) in Europe and the USA for braking and clutch systems. He added that the acquisition would help Advik establish its footprint in Europe, facilitating the expansion of its two-wheeler braking system portfolio globally. This acquisition represents a step forward in Advik's vision of becoming a leading braking system supplier for two-wheelers.

The deal was executed through Advik’s Singapore subsidiary, ADVIK Singapore Pte Ltd. Advik also shared that Powersports closed 2024 with strong revenue nearing 30 million euros.

Global automotive components maker Advik announced that it has acquired the German mechanical and hydraulic braking system manufacturer Powersports MTG for an undisclosed amount. The acquisition is expected to enhance Advik’s expertise in premium motorcycle safety components, driving innovation in both internal combustion engine (ICE) and electric-powered commuter motorcycles and scooters. According to Advik, this acquisition positions the company among the advanced brake system suppliers and aligns with its growth trajectory. It will also help Advik establish a strong presence in Europe, allowing it to expand its services and support its customers locally. The company also mentioned that the acquisition will expand its product range and customer base while advancing the development of next-generation braking solutions. Aditya Bhartia, Managing Director of Advik Group, stated that the acquisition of Powersports MTG, including its two-wheeler braking system brand MAGURA, will not only bring advanced hydraulic braking and clutch technology to a broader market but will also add manufacturing and research and development capabilities in Germany. He emphasised that with over 60 patents, this acquisition is strategically important for Advik to access cutting-edge hydraulic braking and clutch technology. Powersports MTG GmbH was established as a spin-off of the Bad Urach (Germany)-based powersports business from Gustav Magenwirth GmbH & Co KG, known as MAGURA, and specialises in the development, production, and marketing of brake and clutch systems for two-wheelers. Bhartia further noted that Powersports' customer base includes leading two-wheeler original equipment manufacturers (OEMs) in Europe and the USA for braking and clutch systems. He added that the acquisition would help Advik establish its footprint in Europe, facilitating the expansion of its two-wheeler braking system portfolio globally. This acquisition represents a step forward in Advik's vision of becoming a leading braking system supplier for two-wheelers. The deal was executed through Advik’s Singapore subsidiary, ADVIK Singapore Pte Ltd. Advik also shared that Powersports closed 2024 with strong revenue nearing 30 million euros.

Next Story
Infrastructure Energy

Govt Tightens Solar Inverter Rules Amid China Cyber Fears

Amid rising cybersecurity concerns linked to Chinese-origin components, the Ministry of New and Renewable Energy has made it mandatory for all original equipment manufacturers (OEMs) supplying inverters under the PM Surya Ghar: Muft Bijli Yojana to connect their devices directly to national servers and software platforms managed by the ministry or an authorised agency. The implementation date will be notified separately.According to the official notification, the integration of 10 million rooftop solar systems under the scheme introduces significant challenges related to grid stability and cyb..

Next Story
Infrastructure Energy

India Sets 5 Priorities to Boost Clean Energy Goals

Emphasising the Government of India’s commitment to building a resilient and self-reliant renewable energy sector, Union Minister for New and Renewable Energy, Shri Pralhad Joshi, outlined five key priorities for India’s clean energy transition. These include strengthened power purchase agreements (PPAs), robust grid and storage infrastructure, domestic manufacturing, optimised land use, and improved access to finance.Speaking at the Mercom India Renewables Summit in New Delhi, the Minister highlighted that these priorities are instrumental in advancing India towards its 2030 target of 500..

Next Story
Infrastructure Transport

Madhya Kailash Flyover Set for Completion by October

Construction of the L-shaped flyover at Madhya Kailash junction—linking Sardar Patel Road with Rajiv Gandhi Salai—is expected to be completed by the end of October, Minister for Highways E. V. Velu announced on Wednesday.During an inspection of the ongoing work, the Minister also directed officials to explore the feasibility of widening Sardar Patel Road into a six-lane thoroughfare to accommodate increasing traffic volumes, according to an official press release.The 640-metre-long flyover, being built at a cost of Rs 460 million, comprises 19 spans, of which seven have been completed. Lan..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?