MAN SE
German mechanical engineering company / From Wikipedia, the free encyclopedia
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MAN SE (abbreviation of Maschinenfabrik Augsburg-Nürnberg, German: [maˈʃiːnənfaˌbʁiːk ˈʔaʊksbʊʁk ˈnʏʁnbɛʁk]) was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin America divisions, and participation in the manufacturer Sinotruk.[5]
Company type | Public (Societas Europaea) |
---|---|
Industry | Manufacturing, automotive industry, marine engineering |
Founded | 1758; 266 years ago (1758)[1] |
Defunct | 31 August 2021; 2 years ago (2021-08-31)[2] |
Fate | Merged into Traton |
Headquarters | Munich, Germany |
Products | Diesel and other engines, turbomachinery |
Revenue | €13.6 billion (2016)[3] |
Number of employees | 53,824 (end 2016)[4] |
MAN SE was majority-owned by Traton, the heavy commercial vehicle subsidiary of automaker Volkswagen AG,[6] until August 2021 when Traton completed a squeeze-out of all remaining shareholders and formally merged MAN SE into Traton SE, meaning the former subsidiaries of MAN SE were now directly owned by Traton, and MAN SE ceased to exist.[7]