08 May 2020

Voith Group And PCS Holding Plan Takeover Of Traktionssysteme Austria GmbH

Traktionssysteme Austria GmbH is the world's leading manufacturer of electric motors, generators and transmissions for rail and road vehicles. Technology Group Voith and Swiss holding company PCS Holding are planning to acquire a combined 59% of the shares in Traktionssysteme Austria GmbH (TSA) with its headquarters in Wiener Neudorf. A corresponding purchase contract was signed on April 29, 2020. TSA is the world's leading manufacturer of electric motors, generators and transmissions for rail

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