Tupy to acquire MWM from Traton for $184m.

Tupy, an auto parts company, agreed to acquire MWM, a diesel engines manufacturer, from Traton, a commercial vehicle manufacturer, for $184m. "The use of biogas and biomethane for electricity generation and as fuel for fleets of trucks, buses and agricultural tractors is the main route for the decarbonization of the national industry and exporter of proteins, dairy products, sugar and ethanol. The production of biogas in the country is inherent to the size of Brazilian agribusiness. It will also be used, to a large extent, as fuel for the production of electricity on rural properties through electric generators developed and manufactured by MWM", José Eduardo Luzzi, MWM CEO.