Worth € 3.2 billion Tognum, German manufacturer of diesel engines. Both Daimler and offered the British Rolls-Royce Group Plc (specialized aerospace division), with plans to form a joint venture for the purpose. A joint bid on the total capital exceeding 30% of the stock company at the close of Friday, March 4, 2011, date last trading day before the two companies expressed their interest to buy.
The two groups showed that it would invest in the development of new combustion engines (especially diesel), in parallel to the announced strategy of electrification in the automotive industry. Tognum is a company listed on the Frankfurt Stock Exchange, engaged in the manufacture of engines, propulsion systems and components for industrial var Setor including that of the Marine, Energy and Defense.
Even if the operation Daimler-Rolls Royce would get through the current production sites should be maintained. In reality Daimler already owns 28.4% of the company and the new company will include this fee. In this way the two European giants will put the foundations for the creation of a global player in the field of industrial engines of primary importance, particularly in aerospace. 
The two groups showed that it would invest in the development of new combustion engines (especially diesel), in parallel to the announced strategy of electrification in the automotive industry. Tognum is a company listed on the Frankfurt Stock Exchange, engaged in the manufacture of engines, propulsion systems and components for industrial var Setor including that of the Marine, Energy and Defense.
Even if the operation Daimler-Rolls Royce would get through the current production sites should be maintained. In reality Daimler already owns 28.4% of the company and the new company will include this fee. In this way the two European giants will put the foundations for the creation of a global player in the field of industrial engines of primary importance, particularly in aerospace.
- Daimler and Rolls-Royce to bid on Tognum (09/03/2011)
- Daimler, Rolls-Royce in talks over Tognum deal (07/03/2011)
- Daimler, Roll-Royce Offer 3.2 Billion Euros to Purchase Tognum (09/03/2011)
- Daimler, Rolls-Royce bid $4.45B for Tognum (09/03/2011)
- Rolls-Royce-Daimler firm to bid $5.17B for Tognum (09/03/2011)
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