Yamaha Motor Acquires Torqeedo
IWATA, January 19, 2024 – Yamaha Motor Co., Ltd. (Tokyo: 7272) announced today that it has recently concluded a stock purchase agreement with Germany’s DEUTZ AG, which owns marine electric propulsion manufacturer Torqeedo, to acquire all of Torqeedo’s shares. This stock acquisition is premised on the acquisition of the clearances, permits,......