| London Stock Exchange: TRK
Similar to: Haldex AB
Torotrak Plc engages in the designing, development and commercialization of traction drive systems applicable to transmissions and ancillary devices. Its variable-drive technology is also being developed for superchargers, engine auxiliary applications and enables energy to be recovered through flywheels, substantially improving fuel economy. The company operates in three segments: License Agreements, Engineering Services and Development Activities. The License Agreements segment engages in assignment of intellectual property rights. The Development Activities segment includes research and the creation of new intellectual property. Torotrak was founded on June 9, 1998 and is headquartered in Leyland, the United Kingdom.