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Show of Innovations

With 614,000 sq m of space, about 3,700 exhibitors from 63 countries and more than 620,000 visitors from over 200 countries, the largest bauma ever held was once again a bauma filled with records.

New CFO at DEUTZ AG

Dr Andreas Strecker has been appointed as a member of the Board of Management of DEUTZ AG, effective 1 March 2018, and will assume responsibility for Finance, Purchasing, Human Resources and Information Services from 1 April 2018. He will succeed former CFO Dr Margarete Haase, whose contract ends on 30 April 2018.

Volvo sells stake in Deutz engines

AB Volvo group said the company had sold its 25 per cent stake in German diesel engine maker Deutz AG. Volvo said in a statement that the proceeds from the sale, which was carried out through a book building process, amounted to 1.9 billion Swedish crowns ($225 million) and would generate a capital gain of about 350 million crowns. The capital gain from the divestment of shares in Deutz would be booked in the third quarter, according to Volvo.

Liebherr plans alliance with Deutz

Liebherr Machines Bulle SA plans to grant Deutz AG worldwide sales and service rights for 200-700 kw diesel engines for various applications as part of a strategic alliance between the two companies.

Liebherr plans strategic alliance with Deutz

Liebherr Machines Bulle SA plans to grant Deutz AG worldwide sales and service rights for 200-700 kw diesel engines for various applications as part of a strategic alliance between the two companies.

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