Tupy Acquires MWM in Brazil

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The Transaction involving the Brazilian Tupy and the subsidiary of Traton Group is around US$ 186 Million and it is approximately four times the 2021 EBITDA of MWM, with revenue of US$ 580 million.

Source: Info Money    Read The Article

PSR Analysis: Tupy has been demonstrating its willingness to invest in engine research and development for cleaner propulsion and alternative ICE propulsion with Hydrogen and other alternative Fuels. With the knowhow and facilities of MWM added to Tupy, the outlook is positive for growth in new technology and better product offerings for customers and ultimately higher volumes for the new Tupy–MWM company.   PSR

By Fabio Ferraresi, Director Business Development South Americafor Power Systems Research


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