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Porsche Holdings purchase PTV Group

MODELLING

09 June 2017
 

Porsche SE has acquired traffic and transport modelling specialist PTV Group for more than 300 million Euro.

Porsche Automobil Holding SE said it saw “considerable growth potential in the optimisation of the flow of people and goods and this is precisely where PTV’s core competence lies”. 

Vincent Kobesen, chief executive of PTV Group, said: “We have now found the right strategic investor for our company. This allows us to remain independent and helps us reach our...

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