Multimatic has agreed to acquire a majority stake in PKM Consulting, enhancing its offerings in advanced racing dampers while maintaining operational integrity and customer relationships.
Information on the Target
Multimatic has announced its acquisition of a majority stake in PKM Consulting, a distinguished supplier and service provider of advanced racing dampers known for its impressive championship accolades across various motorsport disciplines. Founded in 2008 and situated in Signes, France, near the Paul Ricard racetrack, PKM Consulting started as a motorsport consulting firm providing teams and manufacturers with expertise on optimizing vehicle dynamics performance. Due to rising demand, PKM expanded its offerings to include its own successful line of racing dampers, which have contributed to notable victories in prestigious events, including the World Rally Championship, the 24 Hours of Le Mans, and the Pikes Peak Hill Climb. Their commitment to innovation has also led to advancements in hydraulic jacks and systems used in racing vehicles.
The acquisition will integrate PKM Consulting as an autonomous division within Multimatic’s Special Vehicle Operations Group, with a complete transition of racing damper responsibilities set for 2027. Despite this transition, the existing management team of PKM Consulting, including its three founding partners, will remain intact to ensure continuity in customer relationships and operational integrity.
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Multimatic
invested in
PKM Consulting
in 2024
in a Other deal