M.A.N. Maschinenfabrik Augsburg-Nurnberg Aktiengesellschaft and B&W Diesel A/S, Copenhagen (a 99.5 percent subsidiary of M.A.N.) have founded the M.A.N.-B&W Diesel GmbH with a view to coordinating all diesel engine marketing and licensing activities. M.A.N. and B&W Diesel A/S are parity shareholders of the new company.
Lars Holmblad (B&W Diesel A/S) and Werner Knapp (M.A.N.) have been appointed general managers. The new company, with branches in Augsburg, Copenhagen, and Frederikshavn, will perform its activities on behalf of M.A.N. and/or B&W Diesel A/S. Its activities will be backed up by the existing marketing organizations of the two companies.
The founding of the new company is a further step in the intensification of cooperation in the development, production, marketing, and product support activities of M.A.N. and B&W Diesel A/S.