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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Voith acquires 79.5% stake in ARGO-HYTOS · Endata

◂ Announcements

Jun 6, 2022ACQUISITIONBaar, Switzerland

Voith acquires 79.5% stake in ARGO-HYTOS

Voith announced the takeover of ARGO-HYTOS, a Swiss developer and producer of hydraulics components and system solutions for the off-highway sector. Voith is acquiring 79.5% of the shares, with the deal expected to close by August 2022.

Status

Announced

Productshydraulics componentssystem solutions for off-highway vehicles

CompaniesVoith acquirer ARGO-HYTOS target Christian Kienzle partner FSP CAPCELLENCE partner

Sectors#Industrial Machinery #Automotive Components

“Voith, a German technology company with numerous facilities in North America, announced its takeover of ARGO-HYTOS in a June 13 press release.”fluidpowerjournal.com

2 sources
fluidpowerjournal.comBreaking News: Voith Acquires ARGO-HYTOS | Fluid Power JournalFluid Power JournalJun 13, 2022
legalcommunity.chBaker McKenzie advises ARGO-HYTOS in the sale to Voith Groupmercedes.galanJun 28, 2022

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

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