Xceldyne Acquires Assets Of France-Based Movaltec

Image
Xceldyne logo

 

Xceldyne, the titanium valve and valvetrain component manufacturer, has acquired the assets of Movaltec, the steel valve and valvetrain component manufacturer.

Movaltec was founded by Jean-Charles Marteau in 2006 in Vibraye, France, and was jointly branded as Xceldyne Europe from its inception. The company has supplied teams in Formula 1, IndyCar, World Rally Car, Le Mans, GT, and more.

With the announcement, Marteau will join Xceldyne’s team based in Thomasville, North Carolina as its director of Engineering and Manufacturing Technologies. The integration of the companies is expected to be completed in January 2021. 

“This transaction... further increases Xceldyne’s global motorsports valvetrain market share. It provides tangible evidence of our focus and commitment to the motorsports industry and our never-ending efforts and passion to improve the performance and reliability of race engines,” Xceldyne Co-Founder and CEO Corey Smith said. “Relocation to the United States facility will allow us to efficiently expand the premier steel valve and valvetrain components business across all motorsports disciplines.” 

For more information, visit xceldyne.com.

Stay Connected

Sign Up For The PRI eNewsletter to get the latest in racing industry news, special events, new product information and more directly to your inbox.

Stay Connected

Sign Up For The PRI eNewsletter to get the latest in racing industry news, special events, new product information and more directly to your inbox.