Sep 13, 2022ACQUISITIONBruneck, Italy, Italy Aptiv signs agreement to acquire 85% stake in Intercable Automotive Solutions for €595 million
Aptiv PLC signed a definitive agreement to acquire an 85% equity stake in Intercable Automotive Solutions for €595 million. The deal was announced on 13 September 2022.
Value
$595.0M (595.0M EUR)
Productshigh-voltage busbarssolid-state electrical centersbattery cell interconnect systemshigh-voltage power distribution solutions
“Intercable Automotive Solutions is an excellent strategic fit with Aptiv's Signal & Power Solutions segment.”ir.aptiv.com
- 3 sources
- ir.aptiv.comAptiv PLC - Aptiv Signs Definitive Agreement to Acquire Industry-Leading Provider of High-Voltage Busbars and Interconnect SolutionsSep 13, 2022
- businesstimes.com.sgAuto parts supplier Aptiv to acquire 85% of Intercable unit in EV tech push - The Business TimesSep 13, 2022
- energy.economictimes.indiatimes.comAuto parts supplier Aptiv to acquire 85 per cent of Intercable unit in EV tech push, ETEnergyworldET EnergyWorldSep 14, 2022
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