what does mtu engines stand for
MTU derives from Motoren-und Turbinen-Union meaning Motor (Engine) and Turbine Union. MTU Friedrichshafen remained a subsidiary of DaimlerChrysler until 2006 when it was sold off to the EQT IV private equity fund, becoming a part of the Tognum Corporation.Rolls-Royce Holdings and Daimler AG acquired Tognum in 2011. The company is a subsidiary of MTU Muenchen GmbH gmbh which is owned at equal shares By-Daimler BENZ ag AND MAN ag until. 2  1985: 1989 incorporation OF Mtu friedrichshafen In Deutsche-aero SPACE (AG) , dasa a company of The-Daimler Benz.  group