ATC Drivetrain buys ATP

ATC Drivetrain said May 9 that it acquired ATP Automotive Transmission Remanufacturing Specialists Ltd, A.T.P. Electronic Developments Ltd and ATP Holdings USA LLC from ATP’s founder Alan Smart. Financial terms of the transaction were not disclosed. ATP, of the U.K., is a remanufacturer of automatic transmissions, including torque converters and automated manual transmissions, electronics and mechatronics, as well as a maker of diagnostics systems and providing associated services. ATC is backed by Crestview Partners.

9 May 2019•4 mins read
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