GKN acquires Williams Hybrid Power Limited
GKN plc, the global engineering group, has announced it has acquired Williams Hybrid Power Limited (“WHP”) from Williams Grand Prix Engineering Limited.
WHP specialises in the design and manufacture of composite flywheel-based energy storage systems, initially focused on the bus, truck and tram markets. The new business will be called GKN Hybrid Power.
As a group, GKN plc employs nearly 50,000 people in more than 30 countries, with sales of £7.6 billion in 2013.
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