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Voith Group and Moog Inc. signed contracts on 29 April 2020 to form the joint venture HMS - Hybrid Motion Solutions GmbH in Rutesheim, focused on hydrostatic servo-hydraulic drives for industrial markets.
“The joint venture provides for a strategic part-nership to expand the hydrostatic servo-hydraulics business in various in-dustrial markets.”voith.com
Summarized from public sources; check the original articles before acting on it.