Tesla Automation acquires insolvent German supplier Manz AG’s assets

Tesla Automation GmbH, a subsidiary of U.S. electric vehicle giant Tesla Inc., has signed a deal to acquire key assets of insolvent German automation systems supplier Manz AG. The Local Court of Stuttgart opened insolvency proceedings about the assets of Manz AG on Monday. The Tesla Automation agreement: As per the purchase agreement, Tesla Automation … Continue reading Tesla Automation acquires insolvent German supplier Manz AG’s assets