Federal-Mogul Powertrain Acquires Controlled Power Technologies

Acquisition adds electrification capability; enhances future powertrain development.

Federal-Mogul Powertrain today announced that it has completed the acquisition of UK-based clean-tech development company, “Controlled Power Technologies Ltd (CPT)”. The purchase provides a timely route for Federal-Mogul Powertrain to expand into the development and manufacture of powertrain technologies for electrification and hybridization that complement the company’s existing capabilities. Financial details of the acquisition have not been released. The new unit will offer its solutions under the name “Federal-Mogul Controlled Power Ltd”.

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