PTV Group

Porsche Acquires PTV Group For Over 300 Million Euro

Porsche Acquires PTV Group For Over 300 Million Euro

The mobility market is on the move. Today Porsche Automobil Holding SE (Porsche SE) announced the acquisition of the market’s leading traffic and transport specialist, PTV Planung Transport Verkehr AG (PTV Group), for a purchase price in excess of 300 million euro. More than 700 mobility experts work for PTV Group worldwide. The company develops software and provides expertise for transport planning and logistics. The acquisition is part of a long-term investment strategy and Porsche SE sees considerable growth potential in the optimization of the flow of people and goods.

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