Voith acquires remaining 30% stake in ELIN Motoren

Voith Group has acquired the remaining 30% stake in ELIN Motoren GmbH, making it the sole owner. ELIN Motoren manufactures electric motors and generators and will continue under its established brand.

“For Voith, this is a further step in strengthening our core business and consistently expanding it in the direction of sustainable technologies.”voith.com

• 3 sources
• voith.comVoith becomes sole owner of ELIN Motoren | VoithJan 25, 2022
• top-news.atVoith wird alleiniger Anteilseigner von ELIN Motoren ⋆ TOP News Österreich - Nachrichten aus Österreich und der ganzen WeltJan 25, 2022
• smartwatermagazine.comVoith successfully completes the acquisition of all shares in Voith Hydro – Smart Water MagazineVOITHMar 3, 2022

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