Raicam buys Italian hydraulic business

Raicam

Redditch-based Raicam, which designs and develops brakes and clutches for the automotive industry, has acquired the hydraulic actuation division of Valeo, a world-wide automotive supplier. The purchase was expected to be finalised in early 2018.

Raicam says the purchase will enable it to manufacture the entire clutch and actuation system, and provide customers with a faster and integrated service. It will also facilitate the industrialisation of the active hydraulic actuators, develop innovative products and systems to contribute to the reduction of CO2 emissions within the automotive industry.