Successful closing: Yamaha Motor closes acquisition of Torqeedo, the global market leader in electric mobility on water
Torqeedo, the global market leader in marine electric mobility, has announced the successful closing of the acquisition by Yamaha Motor. The closing of the share purchase agreement with German engine manufacturer DEUTZ AG, the previous owner of Torqeedo, marks a milestone in Yamaha Motor’s Marine CASE Strategy 2024, which aims to achieve carbon neutrality in …