Ricardo plc ('Ricardo') a market leading engineering and consulting company announces that, further to its statement on 5 July 2016, the acquisition of the Italian motorcycle, urban mobility and industrial design and engineering business, Motorcycle Engineering Italia s.r.l., which comprises the entire business, operating assets and employees of Exnovo s.r.l.completed today, 29 July 2016.
Further enquiries:
Ricardo plc
Tel: 01273 455611
Dave Shemmans, Chief Executive Officer
Ian Gibson, Chief Financial Officer
Website: www.ricardo.com
Ricardo plc published this content on 29 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 July 2016 11:32:05 UTC.
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Ricardo plc is a global strategic, environmental, and engineering consulting company. The Company operates through five segments: Energy and Environment (EE), Rail, Automotive and Industrial (A&I), Defense, and Performance Products (PP). The EE segment is engaged in the provision of environmental consultancy services to customers across the world. The Rail segment is a consultancy unit that provides technical advice and engineering services; and performs accredited assurance services. The A&I segment is engaged in the provision of engineering, strategic consulting, and design, development, and testing services, focused on hybrid and electric systems, electrification, engines, driveline and transmissions, testing, and vehicle engineering. The Defense segment provides engineering services, software, and products to customers in the United States defense market. The PP segment manufactures, assembles, and develops niche components, prototypes, and complex products.