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News Voith Group acquires majority share in ELIN Motoren

Voith Group acquires majority share in ELIN Motoren

Written by Global Cement staff 01 May 2020
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Germany: Pursuant to a sales agreement dated December 2019, Voith Group acquired a majority share in ELIN Motoren on 30 April 2020. Elin Motoren CEO Wolfgang Landler said, “ The future cooperation between the two companies will allow us to offer significant added value. Together we can develop system solutions and especially technologies in digitalisation. We are looking forward to the cooperation with Voith.”

Last modified on 06 May 2020
Published in Global Cement News
Tagged under
  • Germany
  • Voith
  • ELIN Motoren
  • agreement
  • Acquisition
  • digitalisation
  • drives
  • Shares
  • Stake
  • GCW454

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