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In 2021, MTU Maintenance Canada Ltd, MTU's primary MRO facility in North America, moved into a larger 22,000 m 2 (240,000 sq ft) facility, consolidating work under one roof while also providing additional space for future growth. [31]
The company is a subsidiary of MTU München GmbH which is owned at equal shares by Daimler-Benz AG and MAN AG until 1985. 1989: Incorporation of MTU Friedrichshafen in Deutsche Aero-space AG (DASA), a company of the Daimler-Benz Group. 1994: Cooperation of MTU Friedrichshafen with Detroit Diesel Corporation
2006: MTU Friedrichshafen, including the off-highway part of Detroit Diesel in the US, was acquired by the EQT AB investment group. A new company, Tognum GmbH, was formed as a holding company for the brands held by Daimler Trucks and MTU Friedrichshafen. Both companies use the 'Detroit Diesel' name and corporate logo.
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The two companies announced on 24 June 2011 that their joint €3.4 billion tender offer had been successful, with 94% of Tognum shareholders accepting. [9] Once the acquisition was complete, Tognum was run as a 50-50 joint venture , with Rolls-Royce merging its Bergen Marine diesel engines unit into the operation.
MTU Aero Engines AG is exploring alternative suppliers to help it wean off raw material dependency on Russia from 2023, the German aircraft engine maker said on Wednesday, as the aviation industry ...
Motoren- und Turbinen-Union, a former German engine manufacturer, now split into two companies: MTU Aero Engines, a German aircraft engine manufacturer; MTU Friedrichshafen, an international diesel engine manufacturer; Manitou Group, French manufacturer of forklifts, cherry pickers etc. (Euronext symbol: MTU)
Motoren- und Turbinen-Union GmbH (MTU) is a former German engine manufacturer, now two separate companies: MTU Aero Engines, a German aircraft engine manufacturer; MTU Friedrichshafen, a former division of DaimlerChrysler