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Bosch to acquire full control of EM-motive from Daimler · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Jan 24, 2019ACQUISITIONStuttgart and Hildesheim, Germany, Germany

Bosch to acquire full control of EM-motive from Daimler

Bosch is assuming full control of EM-motive GmbH, a joint venture with Daimler that manufactures electric motors, by acquiring Daimler's 50% stake.

Status

Announced

Productselectric motors

CompaniesRobert Bosch acquirer Daimler target EM-motive GmbH target

Sectors#Automotive Components

“Bosch is now assuming full control of EM-motive, one of Europe’s most successful manufacturers of electric motors.”automotiveworld.com

1 source
automotiveworld.comBosch to assume full control of electric motor manufacturer EM-motive | Automotive WorldJan 24, 2019

Summarized from public sources; check the original articles before acting on it.

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