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Shareholders decide on the demerger of Daimler

Shareholders decide on the demerger of Daimler

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At a virtual general meeting on Friday, Daimler shareholders decided on a historic realignment of the company. By the end of 2021, Daimler Truck will be split into two, with Daimler AG on one side and Daimler Truck Holding AG on the other.

 

The company intends to sell its commercial vehicle business to a new subsidiary in order to increase profitability and, according to the shareholders, to fully exploit the brand’s potential.

 

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