Engine maker Cosworth acquires electric powertrain firm

Cosworth’s focus on propulsion, electronics and software solutions for the automotive, aerospace and marine sectors will be bolstered by the acquisition of Delta, whose specialities in the development of battery systems, in particular, align with Cosworth’s roadmap for hybridisation and electrification.

Delta also possesses a body of patented products and intellectual property that will help Cosworth meet the needs of its target markets and industries.

Founded in 2005, Delta’s services range from single component design and development, through to complete concept and finished product programmes. From its base at the world-famous Silverstone Circuit, in the heart of the UK’s high performance technology cluster, Delta’s expertise in battery systems, control systems, electric/hybrid drivetrains, full vehicle programs, lightweight structures and simulation will augment Cosworth’s existing services.

Cosworth has been working with Delta most recently on development of a new hybrid solution for the British Touring Car Championship, set to debut in 2022.

CEO of Cosworth Hal Reisiger said: “We are excited to welcome Delta to the Cosworth Group of companies as we prepare to benefit from our numerous synergies. We augment each other’s capabilities, share the same passion for innovation, and the same values and culture. Successful each in our own right, together we will be extraordinary.”

Managing director of Delta, Simon Dowson added: “Nick and I wanted to find a company who could help take the business to the next level. During this process we had already started working with Cosworth and found the culture, mindset and complementary skillset a perfect match. The Cosworth brand is synonymous with high quality performance products and I am really excited to be part of the group and to continue the growth of Delta.”

Cosworth www.cosworth.com