ATC Drivetrain

ATC Drivetrain announced the acquisition of Mack GmbH, a remanufacturing company based in Waldenburg, Germany. The acquisition includes Mack's energy-efficient facility.

ATC Drivetrain announced the acquisition of Global Battery Solutions (GBS), a Holland, Michigan-based company providing battery life-cycle management and EV component services, operating out of a 50,000 sq ft facility.

ATC Drivetrain, a global remanufacturer of automotive powertrain systems, acquired UK-based Treharne Automotive Engineering, which specializes in EV battery lifecycle management, including second-life applications, recycling, and diagnostic equipment.

ATC Drivetrain will invest $8.3 million to establish a new manufacturing facility in Knoxville, Tennessee, creating 218 jobs. Production is scheduled to begin in April 2022.

ATC Drivetrain acquired H.L. Smith Transmissions Ltd, a UK-based remanufacturer of heavy-duty commercial vehicle drivetrain and steering systems. The acquisition expands ATC's capabilities into the commercial vehicle market.

ATC Drivetrain acquired ATP Automotive Transmission Remanufacturing Specialists Ltd., ATP Electronic Developments Ltd. and ATP Holdings USA LLC from founder Alan Smart. Financial terms were not disclosed.