Türkiye’s Otokar Announces Signing of Automecanica S.A. Acquisition Agreement

today, 16:21 By Roxana Rosu

Turkish heavy commercial and armored vehicle manufacturer Otokar Otomotiv ve Savunma Sanayi A.Ş has announced the agreement for the acquisition of Automecanica S.A. and its production facility of Medias, Romania, for around EUR85 million, has been signed.

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Keywords:
Otokar
, acquisition agreement
, Automecanica