HORIBA Automotive Test Systems Signs Agreement to Acquire FuelCon AG

 HORIBA Automotive Test Systems Signs Agreement to Acquire FuelCon AG
HORIBA Automotive Test Systems Signs Agreement to Acquire FuelCon AG

HORIBA Automotive Test Systems has inked an agreement to acquire FuelCon AG, a Germany-based supplier in the fields of engine, driveline, brake and emissions test systems. The completion of the transaction is subject to regulatory clearance. This acquisition is a strategic by the HORIBA group to expand its presence in the vehicle electrification market as well as provide a comprehensive suite of test and development solutions across battery and fuel cell lifecycles. The move will enable HORIBA to increase its access to the growing global e-mobility requirements and capitalise on the growing demand for validation technologies.

FuelCon is a leading manufacturer and supplier of R&D and EOL (end of line) test beds and turnkey solutions for the e-mobility sector, with expertise in battery and fuel cell applications.  It enjoys an enviable reputation for design and manufacture of precision high performance solutions and is trusted for its deep technical knowhow by global OEMs and Tier 1s as well as international research laboratories.

Dr George Gillespie, Executive Vice President, HORIBA Automotive Test Systems, said that the industry is witnessing the continued electrification of transport with a mix of pure EV and complex hybrid solutions. Mathias Bode, Managing Director, FuelCon, said that having a partner like HORIBA will give it an international reach.

Dr Robert Plank, COO, HORIBA Europe GmbH, said that FuelCon is the perfect fit for its strategic ambitions. The company will now be able to offer an increasingly comprehensive suite of test and validation solutions for a full range of automotive propulsion technologies moving from combustion engines to electrified powertrains, he added.