German postal services group Deutsche Post wants to sell the production rights of its electric van business StreetScooter to Luxembourg-based Odin Automotive, the German cartel office said.
According to the cartel office website, Odin Automotive aims to acquire 100% stake in StreetScooter Engineering GmbH, which the Bonn-based company acquired in 2014.
Deutsche Post declined to comment on the deal which was first reported by Die Welt newspaper.
Source: Reuters.com