Voith Group acquires 100% shares in Elin Motoren GmbH
Voith Group has owned a 70 per cent controlling share in Elin Motoren GmbH since 1 May 2020 and at the end of 2021 acquired the remaining 30 per cent t...
Source: cemnet.com
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Voith becomes sole owner of ELIN Motoren
Since 01 May 2020 70% of ELIN Motoren GmbH has been owned by Voith Group. The other 30% of the company remained with the long-standing Managing Director Franz Hrachowitz. At the end of last year, the two parties agreed on the acquisition of the remaining stake.
Source: worldcement.com