Voith completes acquisition of ELIN Motoren

Voith successfully completed the acquisition of ELIN Motoren GmbH on April 30, 2020, after receiving all official approvals. ELIN Motoren is a high-tech company in electric motors and generators with about 1,000 employees and €120 million turnover.

“The acquisition of ELIN Motoren is an important strategic step for Voith.”voith.com

• 2 sources
• voith.comAcquisition of ELIN Motoren successfully completed | VoithApr 30, 2020
• voith.comVoith Group and PCS Holding plan takeover of Traktionssysteme Austria GmbH | VoithMay 4, 2020

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