Voith Partnering To Acquire Majority Of Austria’s TSA

Jack Burke

04 May 2020

Voith and Swiss holding company PCS Holding are planning to acquire a combined 59% of the shares in Traktionssysteme Austria GmbH (TSA), a leading manufacturer of electromechanical drives for rail and road vehicles.

The closing of the transaction is anticipated to occur during the second half of 2020 and…

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