Mercedes-Benz completed the acquisition of a minority stake in btv technologies.

Mercedes-Benz, a luxury vehicles company, completed the acquisition of a minority stake in btv technologies, a service partner for electronic components in the automotive. Financial terms were not disclosed. “This partnership is a clear sign of confidence in our technology and our team. Together with Mercedes-Benz AG, we want to further develop our innovative solutions and increase security of supply in the automotive industry,” Maximilian Krane, btv technologies CEO.