MTU Friedrichshafen

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MTU Friedrichshafen GmbH is a manufacturer of commercial engines. It was a subsidiary of DaimlerChrysler until 2006 when it was sold off to the EQT IV private equity fund. Roughly translated from the German, MTU stands for "Motor and Turbine Union".

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The company was founded with the Maybach automobile manufacturer in the early part of the 20th Century. Daimler-Benz acquired the company in 1960 and later merged its aircraft and Diesel engine production under the name of MTU Friedrichshafen. The company was paired with Detroit Diesel as DaimlerChrysler's engine division.

MTU Friedrichshafen and Detroit Diesel's off-highway business was sold off in the first quarter of 2006 to allow DaimlerChrysler to focus only on motor vehicle manufacture. EQT has used both groups to form a new company, Tognum.

The company manufactures diesel-engines for trains, ships, military vehicles, farming, mining and construction equipment as well as diesel-generators and very new Molten-carbonate fuel cells.

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