ATL bought for £25 million
Stewart & Stevenson Services has acquired the outstanding shares of the UK’s Automotive Technik Holdings for £25 million.
Houston, Texas-based
has acquired the outstanding shares of Automotive Technik Holdings Limited (ATL), the United Kingdom-based manufacturer of the Pinzgauer light utility vehicle, for £25 million.
The Pinzgauer vehicle is generally regarded as the most advanced and mobile light utility vehicle in its class with an installed base of over 30,000 vehicles. ATL began manufacturing the vehicle in the late 1990s in
In addition to the standard 4 X 4 and a 6 X 6 configuration, ATL recently added a new Pinzgauer X-M (X-treme Mobility) model and an armoured 6 X 6 variant.
ATL has won major contracts in competitive tenders from the UK Ministry of Defence and the New Zealand Ministry of Defence, and is involved in a number of additional programs worldwide.
In addition to the Pinzgauer manufacturing operations, ATL has a division that specialises in development, test and applications engineering activities and a specialist equipment fabrication and body building operation. Both the engineering and fabrication units currently support the Pinzgauer manufacturing operations as well as external military and civilian customers.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
Radio wave weapon knocks out drone swarms
Probably. A radio-controlled drone cannot be completely shielded to RF, else you´d lose the ability to control it. The fibre optical cable removes...