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Ricardo Ricardo has sold its stake in its automotive technical centre in Leamington Spa, which employs more than 100 engineers, to joint venture partner Shanghai Automotive. 29-Jan-2007 Ricardo has won a contract to provide automotive engineering research capabilities to Shanghai Automotive Industry Corporation, which could lead to the recruitment of up to 150 former MG Rover engineers and designers at Leamington Spa. 12-May-2005 Ricardo is creating up to 20 new jobs at its car controls business in Cambridge, with the addition of new laboratory space and offices. 17-Jan-2005 Ricardo, the West Sussex-based automotive engineering company, is planning to recruit some of the 350 staff being made redundant by Group Lotus in Norfolk. 10-Dec-2004 Ricardo is to shed a further 80 jobs at its Sussex-based automotive consultancy business. 06-Jan-2004 Ricardo is to acquire IFT Group, the German automotive engineering company with 270 staff, for £24m. 01-Jul-2003 Ricardo has acquired Tarragon Embedded Technology, the Cambridge-based automotive systems software company with 52 staff, for an initial £3.1m. 06-Feb-2003 Ricardo has acquired Gemini Transmissions, the Brackley-based motorsport company with 40 staff, for £3.4m. 11-Jul-2002 Ricardo is looking to spend up to £22m on acquisitions to expand its automotive design and research business, and is particularly interested in Germany. 28-Feb-2002 Ricardo is looking to recruit 30 graduates at its automotive engineering business in Sussex and Warwickshire. 03-May-2001 Ricardo, the automotive engineering consultancy, is investing £5m in four engine test beds in the US. 29-Feb-2000 Ricardo is planning to make acquisitions in continental Europe and south-east Asia in order to expand its automotive consultancy business. 14-Sep-1999 Ricardo is looking to develop a presence in the German automotive consultancy market, either through acquisition or alliance. 29-Sep-1998 Ricardo Group has sold its Inbis nuclear and aerospace design division to management for £7m in order to focus on its core automotive engineering business. 08-Feb-1997 Ricardo Group is buying a majority share of InterMotive Technologies of Detroit, in order to eliminate its shortage of engineering testing capacity. 20-Oct-1995 The information on this page comes from the UK Activity Report. Click here for further details Copyright UK Business Park 1995-2009