On August 3, EV Technology Group announced that it has entered into a definitive agreement to acquire up to 100% of Fablink Group Holdings, a leading British Tier 1 supplier and specialist manufacturer.
The Acquisition will include all seven Fablink manufacturing sites across the UK, its 750 skilled employees, and Streamline Automotive, a new division of Fablink Group that provides specialist low and medium volume electric vehicle manufacturers with turnkey clean build vehicle assembly capabilities.
By bringing engineering, supply chain, manufacturing and assembly expertise in-house, the acquisition strengthens our commercial offering and capabilities to deliver on our mission of electrifying iconic brands.
The acquisition of Fablink Group is expected to complete later in 2022.
Pictured: Fablink Group CEO and incoming EV Technology Group COO Richard Westley, with MOKE International CEO Isobel Dando, as MOKE manufacturing begins at Fablink facilities