Enasa bids gather
30th November 1989, Page 15
30th November 1989
Page 15
Page 15, 30th November 1989
— Enasa bids gather
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• MAN chief executive Wilfried Lochte has confirmed that his company is joining with Daimler-Benz to bid for Spanish truck builder Enasa, which owns the Pegaso marque.
Lochte says that, if successful, MAN will take a 60% stake in Enasa, Daimler-Benz would take 20%, and the remaining 20% would be retained by the Spanish state.
MAN faces competition for Enasa from Daf, Volvo and Fiat.