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» Asian Company buys into Pendix GmbH
2022-11-14
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Asian Company buys into Pendix GmbH
2022-11-14
source own
Johnson Electric a leading Asian Manufacturer of motors and electronics is buying an 80% stake in German manufacturer of electric drives and e-bikes Pendix GmbH.Based in Zwickau, Germany, Pendix designs, manufactures, and brings to market complete electric cargo bikes and electric drives for bicycles. Pendix's offering combines leading innovation with an extremely high level of product reliability.
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