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shift to electric mobility and the importance of building supply chains to support that transition right here in the UK.
David Roberts, founder, CEO and Chairman of EVTEC Group, has spent over 40 years in automotive and aerospace manufacturing. He’ s held leadership roles at companies like Chrysler and Aston Martin, then founded EVTEC with a strategy focused on acquiring businesses that support the future of vehicle programs. Today, his work goes beyond day-to-day operations. He’ s building a manufacturing group dedicated to electrification, industrial capability, and supply chain integration.
His comments following the JVM acquisition provide a clear view of the rationale behind the move.“ As OEMs execute on their transition from internal combustion vehicles to zero emissions, they require a supply chain to work seamlessly with them, to sequence production and deliver world-class vehicles. EVTEC is consolidating several key suppliers that are strategic to OEMs, especially in super lightweight materials for body and powerpack parts and assemblies. EVTEC has a growing order book of more than £ 800m to deliver over the next eight years, and the acquisition of JVM will ensure that we have the necessary capacity to meet peak demand whilst winning additional new business.”
That statement captures the wider industrial context surrounding the acquisition. For EVTEC, JVM brings manufacturing scale and casting expertise. For JVM, the deal provides access to a group whose strategic focus aligns with future vehicle production. There’ s another layer to this story. Rob Murcott, chairman of JVM at the time of the acquisition, acknowledged that significance directly in the acquisition announcement.“ Having been in family ownership for over 98 years, JVM is now entering an exciting new chapter in its development, and we wish it every success in fulfilling the needs of an automotive sector that is going through a major transition in new vehicles and technology.”
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