Volkswagen has scaled back its IPO ambitions for its truck division Traton Group, which includes the brands MAN and Scania, and is now offering 15% of the company’s shares. Originally, Volkswagen had intended to offer 25% of Traton to investors. The manufacturer has now published a prospectus and launched its offer period, which begins today (17 June). The IPO is part of wider plans by Volkswagen to raise funds to invest in its core car manufacturing business. The share price […]
The sale of its Palletforce shares after the purchase of the pallet network last year by EmergeVest sent Farrall’s’ profit soaring in 2015.
DX Group expects to have a market capitalisation of £200m when it begins trading on London’s AIM next week.
At the TRATON Group Innovation day in Sweden last week, motortransport.co.uk caught up with Christian Levin, TRATON’s chief operating officer and head of R&D.