# 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.

- Type: Acquisition
- Announced: 2022-06-06
- Where: Baar, Switzerland
- Status: announced
- Products: hydraulics components, system solutions for off-highway vehicles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Voith](https://endata.com/companies/217.md) (acquirer)
- [ARGO-HYTOS](https://endata.com/companies/63438.md) (target)
- [Christian Kienzle](https://endata.com/companies/63749.md) (partner)
- [FSP CAPCELLENCE](https://endata.com/companies/63750.md) (partner)

## Sources

- [fluidpowerjournal.com](https://fluidpowerjournal.com/breaking-news-voith-acquires-argo-hytos/), 2022-06-13: "Voith, a German technology company with numerous facilities in North America, announced its takeover of ARGO-HYTOS in a June 13 press release."
- [legalcommunity.ch](https://legalcommunity.ch/baker-mckenzie-advises-argo-hytos-sale-to-voith-group/), 2022-06-28: "The further participation of the two previous owners Christian Kienzle and FSP Capcellence sends a strong signal that ARGO-HYTOS will consistently and continuously pursue its successful path in a new ownership structure."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.