Daimler Buses sells minibus plant in Dortmund

FRANKFURT (Dow Jones) – Daimler is parting with its minibus plant in Dortmund. As the group announced, the Munich industrial group Aequita is taking over Mercedes-Benz Minibus GmbH and with it the plant. Employment at the site for all 240 employees is guaranteed. Daimler did not give financial details.

In the future, Daimler Buses will concentrate on the production of buses over 8 tons and chassis. Aequita will continue to produce minibuses under the Mercedes-Benz brand. The transaction will close on January 1, 2022.

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(END) Dow Jones Newswires

November 24, 2021 07:04 ET (12:04 GMT)

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