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Germany: ElringKlinger acquires Thawa

ElringKlinger AG has acquired metal housings manufacturer Thawa GmbH, based in Thale, Saxony-Anhalt, for €3m (US$3.9m). Thawa has 50 employees in total and in fiscal 2011, the company generated revenue of €3.9m. Thawa has been included in the scope of consolidation of the ElringKlinger Group from 1 January 2012. The acquisition of Subscribe to Automotive … Continued

ElringKlinger AG has acquired metal housings manufacturer Thawa GmbH, based in Thale, Saxony-Anhalt, for €3m (US$3.9m).

Thawa has 50 employees in total and in fiscal 2011, the company generated revenue of €3.9m. Thawa has been included in the scope of consolidation of the ElringKlinger Group from 1 January 2012.

The acquisition of

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https://www.automotiveworld.com/articles/91314-germany-elringklinger-acquires-thawa/

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