D&V Electronics announced it has accepted an offer to be acquired by Motorcar Parts of America and will operate as an independent testing company.
Terms of the agreement were not disclosed.
Motorcar Parts of America’s investment will provide D&V the opportunity to grow its existing business and develop new investigative tools for use by technology developers and manufacturers of vehicle electrification products, according to the company.
“This is a very exciting time for D&V, as the investment will allow D&V to build on the legacy of our founder Dr. Voiko Loukanov and his vision of building world class testing systems. We look forward to providing our clients with additional insight into the rapidly changing field of vehicle electrification,” said Kalina Loukanov, executive director of D&V Electronics.
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