Pune (Maharashtra) [India], January 8: ADVIK, a leading automotive product manufacturer, has successfully acquired Powersports MTG GmbH, a motorcycle mechanical and hydraulic braking system and clutch system manufacturer. Powersports MTG GmbH ("Powersports") was created as a spin-off company for the powersports business from Gustav Magenwirth GmbH & Co. KG, known as MAGURA, a German company based in Bad Urach, established in 1893 that develops, produces and markets high-quality components with a focus on brake and clutch systems for two-wheelers. This move puts ADVIK into list of advanced brake system suppliers, aligning with its growth trajectory. The acquisition expands ADVIK's product range and customer base, aiming to enhance the development of next-gen braking solutions.