ElringKlinger to acquire 27% stake in hofer AG

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M&A

The company is also taking controlling stake of 53% in hofer powertrain products GmbH

Emission-control solution provider ElringKlinger AG will acquire a 27% stake in the engineering company hofer AG and a controlling stake of 53% in another subsidiary, hofer powertrain products, operating within the Nürtingen-based group of companies, ElringKlinger said in a press release on 27 October.

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