MIRA sold to Japan’s Horiba

The Tokyo-listed Horiba Group has acquired MIRA Ltd’s entire business operations for approximately £83.1 million. Horiba states it purchased the UK-based company in order to expand its vehicle development and testing business, and to further the development of next-generation mobility solutions, such as autonomous vehicles. A new firm, HRA International Ltd., was established in the UK on 5 June 2015; this took over MIRA’s assets yesterday and commenced operations as Horiba MIRA Ltd.