Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
MAN SE (abbreviation of Maschinenfabrik Augsburg-Nürnberg, German: [maˈʃiːnənfaˌbʁiːk ˈʔaʊksbʊʁk ˈnʏʁnbɛʁk]) was a manufacturing and engineering company based in Munich, Germany. MAN SE was majority-owned by Traton, the heavy commercial vehicle subsidiary of automaker Volkswagen AG, until August 2021 when Traton completed a squeeze out of all remaining shareholders and formally merged MAN SE into Traton SE, meaning the former subsidiaries of MAN SE were now directly owned by Traton, and MAN SE ceased to exist.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedVolkswagen-associated companies MAN Truck&Bus SE and Scania AB closed their deals just a few days ago, according to the Epravda - On December, 13-14 the following assets: MAN Truck and Bus RUS LLC and Scania - Rus LLC
| September 13, 2022 | Traton sells some assets in Russia, incurs 550 million euro loss |
| March 02, 2022 | Truck manufacturer MAN stops exporting to Russia and Belarus |