Voith to switch corporate legal status into a KGaA
(WorldNews Business)

FRANKFURT, April 24 (Reuters) - Unlisted German mechanical engineering group Voith on Monday said it plans to change its legal status into a KGaA, or a partnership limited by shares, as a way to give it greater flexibility to pursue growth options. Voith`s management has recommended that the family controlled company switch its corporate legal status from Voith GmbH, into Voith GmbH & Co KGaA in July 2017, the Heidenheim, Germany-based engineering giant...