AKKA Technologies eyes majority stake in MBtech

  • 16-Dec-2011 09:07 EST
MBtech Reporter_Aufmacher.jpg

MBtech and its 2900 employees develop, integrate, and test automotive components, modules, and systems.

Daimler's engineering subsidiary will broaden its scope beyond the automotive industry if the agreed-upon acquisition by Paris-based AKKA Technologies of a 65% stake in MBtech is approved by regulatory authorities. The automaker currently owns 100% of MBtech, which is based in Sindelfingen, Germany, and has a strong presence in that country as well as in China and the United States. AKKA has a strong presence in France, Italy, Spain, and the United Kingdom. AKKA is an engineering consultancy for the automotive, aerospace, space, transport, and energy sectors.

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