Jul 24, 2022ACQUISITION
Schaeffler to acquire Ewellix Group for EUR 582M
Schaeffler AG has entered into an agreement to acquire Ewellix Group from Triton Fund V for a purchase price of approximately EUR 582 million, plus assumed net debt of about EUR 120 million. Closing is expected by end of 2022.
Value
$592.0M (582.0M EUR)
Productslinear motion solutions
“Schaeffler enters into an agreement to acquire Ewellix Group for a purchase price of approx. EUR 582m.”eqs-news.com
- 5 sources
- eqs-news.comSchaeffler AG: Schaeffler enters into an agreement to acquire Ewellix Group | Ad-hoc - EQS NewsJul 24, 2022
- schaeffler.comSchaeffler further strengthens industrial business with purchase of Ewellix Group | IR Releases | Schaeffler GroupJul 25, 2022
- schaeffler-engineering.comSchaeffler further strengthens industrial business with purchase of Ewellix Group | Press Releases | Schaeffler GroupJul 25, 2022
- autonews.comSchaeffler to buy Ewellix for $594M - Automotive NewsReutersJul 25, 2022
- mynewsdesk.comSchaeffler further strengthens industrial business with purchase of Ewellix Group | Schaeffler Nordic
Summarized from public sources; check the original articles before acting on it.