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Sweden Germany

Addtech, Sweden fully acquires Novomotec, Germany

Apr 11, 2024

On April 10, Addtech Electrification, a business area in the Addtech Group, signed an agreement to acquire 100 % of the shares outstanding in Novomotec GmbH, a supplier of compact electric motors to OEM customers in light electric vehicles.
Novomotec, headquartered in Hohenbrunn, Germany, has a turnover of approximat....

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