Daimler AG and Rolls-Royce Group plc today launched their voluntary public offer for the majority of Tognum AG through their 50:50 joint venture Engine Holding GmbH. Further to the announcement issued on March 9, 2011 the offer document has been approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
Dieter Royal joins the Executive Board, as the new member responsible for the Finance and Corporate Services Division at Tognum.
The new US production facility set up by the specialist for propulsion and power solutions Tognum is now up and running. In Aiken in the US State of South Carolina, assembly of Tognum’s MTU Series 2000 and 4000 engines earmarked primarily for the US market recently got underway.