FEV acquires D2T Powertrain
25 March 2015
FEV GmbH, headquartered in Aachen, Germany has acquired French test systems and engineering service provider D2T Powertrain Engineering S.A. FEV GmbH takes over the business of D2T in France, its subsidiaries in Germany, China, the US and interests in South Korea and Japan.
Through this strategic expansion, FEV, a leading provider of engineering services for powertrain and vehicle technologies expands its expertise in the test systems business area, in particular. The acquisition represents an extension of FEV’s worldwide testing and development resources to meet growing demands in its various geographic operating regions.
FEV said the strategic acquisition is complementary with a worldwide expansion of its capabilities. A new test and development center is currently being built in Beijing, China, and the durability test center (DLP) in Brehna, Germany and the company’s headquarters in Aachen are also being gradually extended.
D2T—headquartered in Trappes, France—is a 100% affiliate of IFP Investissements. D2T employs more than 450 people worldwide. D2T’s customers include OEMs and suppliers of the automotive, commercial vehicle, marine and aviation industries, as well as oil companies and research and development institutions.