MAN seeks partners to upgrade German parts plant

Newswire

FRANKFURT, April 28 (Reuters) - MAN AG's commercial vehicles division is holding talks with suppliers to seek a partner for upgrading its components plant in Penzberg, southern Germany, it said on Thursday. The goal is to create a standalone company making high-value components for cars, trucks and buses. MAN would keep a stake in the company, it said in a statement. It did not name any prospective partners for the plant, which now assembles small steel components for trucks. It employs ...

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