Feb 20, 2026ACQUISITIONUnited Kingdom Exedy Corporation to acquire Protean Electric Ltd. for JPY 5.17 billion
Exedy Corporation resolved to acquire all shares of Protean Electric Ltd., a UK-based developer of in-wheel motors, for approximately JPY 5.17 billion, making it a wholly owned subsidiary. The acquisition date is February 26, 2026.
Productsin-wheel motors
“Exedy Corporation plans to acquire 9,086,213 shares of Protean Electric Ltd. for approximately 5,170 million yen and make it a wholly owned subsidiary.”japanir.jp
- 4 sources
- japanir.jpExedy Corporation to Make Protean Electric Ltd. a Subsidiary for Approximately 5,170 Million Yen | Japan IRFeb 20, 2026
- autocarmotor.comExedy seals deal to acquire Protean Electric and accelerates electric vehicles with in-wheel motors – Autocars MotorsAutocar MotorFeb 20, 2026
- marketscreener.comEXEDY Corporation completed the acquisition of Protean Electric Limited from BD Auto And Energy Ltd. | MarketScreenerS&P Capital IQMar 1, 2026
- proteanelectric.comProtean Electric 被 EXEDY 收购 - Protean : ProteanIssi BriggsMar 9, 2026
Summarized from public sources; check the original articles before acting on it.
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