The merger between MAN Diesel and MAN Turbo to form MAN Diesel & Turbo, based in Augsburg, is now complete.
The process of amalgamating the two former MAN sister companies into one enterprise has come into effect retroactively as of January 1, 2010.
By combining the complementary product portfolios of the two firms, the merged company will be striving for growth and looking to strengthen its position in the relevant market segments.
"The merger now having become effective, the MAN Group will be seeking to pool its expertise in large bore diesel engines and power plants with its strengths in compressor and turbine technologies," said Klaus Stahlmann, MAN Diesel & Turbo SE's Chief Executive Officer and member of the Executive Board of MAN.
As well as expanding the product range, the merger will also create synergies and offer further benefits, for instance in respect of costs. Joint global purchasing or the joint use of existing production, sales and service sites are just two examples of this.
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