Tognum Further Extends its MTU Onsite Energy Brands
Tognum has acquired a portion of Spanish company Casli S.A. in Madrid, a former distributor of MTU and Detroit Diesel products in Spain. This distributor business will now be merged with the newly founded Tognum subsidiary MTU Ibérica Propulsión y Energía S.L.
This acquisition represents an initial step toward an overall Iberian growth concept. Tognum group are taking further consistent action toward meeting their objective to service important and promising markets to sustain profitable growth trends. In addition, there are efforts to strengthen Tognum’s access to the Portuguese market.
With the acquisition of the Casli distributor business, Tognum gains access to OEM customers, final customers, as well as operators, particularly in the Marine, Onsite Energy and Industrial Applications business, and will open up new market segments, like the gas co-generation power plant business.
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