BYD expands its fleet as Chinese Government calls for action
NewsThere are shortages in car carrying capacity, especially in China, where the export of electric vehicles has soared in the past two years.
Novatech acquires TTS Liftec
Denmark-based Novatech ApS has acquired Finland’s TTS Liftec Oy AB from TTS Group ASA in Bergen, through the latter’s TTS Marine AB in Gothenburg. The price was €5.8M including net cash, plus an earn-out over the next three years if specific targets are met. Novatech said that its and Liftec’s products complement each other by having overlapping customer groups, and, in one area, they have similar products.
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