Announced
Synopsis
Bosch Rexroth, an engineering frim, a provider of investment management services, M&G Investments and Temasek, an investment company, agreed to invest in BRUSA HyPower, a manufacturer and supplier of electrical energy conversion components. Financial terms were not disclosed. “BRUSA HyPower’s technology shows a clear performance advantage over that of its competitors, allowing the company to offer its customers more compact, lighter and more economic solutions. We expect this competitive advantage to be sustainable over the coming years," Holger Fink, BRUSA HyPower CEO.
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