Millbrook to merge with UTAC CERAM
By Jim Gibbins - 5th February 2021
UK / France - French group, UTAC CERAM of Mortefontaine and British test engineering group, Millbrook Proving Ground Ltd of Bedford (a subsidiary of Spectris in Egham, UK) both key engineering partners to automotive customers in Europe and around the world, plan to merge operations to create a market leading group in vehicle testing, homologation, and emerging technologies for autonomous, connected, and electric vehicles. The transaction is expected to be completed in the first quarter of 2021, subject to the normal regulatory clearances.
The combined group is expected to draw on significant technological assets and technical expertise to meet the rapidly changing environment facing the automotive industry. The alliance aims to generate multiple synergies to become a leader in complementary markets, combining high quality customer portfolios, developing an extended range of services, and utilising its deep technological resources, human expertise, and broad geographical coverage.
