Daimler Buses acquires a 5.25% stake in IVU AG; strategic partnership for integrated mobility

Green Car Congress
By mmillikinFeb 28, 2019, 5:30 am222 pts
Daimler Buses (EvoBus GmbH) is acquiring a 5.25% stake in Berlin-based software solutions provider IVU Traffic Technologies AG. The seller of the equity stake is the charitable foundation Gerlind & Ernst Denert-Stiftung established by IVU’s previous CEO, Prof. Ernst Denert. The transaction also involves a…

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