Voith Group plans to acquire 70% of ELIN Motoren

Voith Group signed a purchase contract on December 20, 2019 to acquire 70% of shares in Austrian electric motor manufacturer ELIN Motoren GmbH. The transaction is expected to close in Q2 2020.

“Voith Group is planning to acquire 70% of the shares in the Austrian electric motor manufacturer ELIN Motoren GmbH.”voith.com

• 2 sources
• voith.comVoith Group plans takeover of ELIN Motoren GmbH | VoithDec 23, 2019
• im-mining.comMining mergers and acquisitions Archives - Page 35 of 57 - International MiningDec 23, 2019

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