# Evamo acquires Bosch steering and transmission pump business in carve-out

Fidelium portfolio company Evamo acquired the steering and transmission pump business of Bosch Automotive Steering through a carve-out, with NETWORK advising on the external financing. Evamo has about 900 employees across six sites.

- Type: Acquisition
- Announced: 2022-03-30
- Where: Schwäbisch Gmünd and Berlin, Germany
- Status: completed
- Products: steering pumps, transmission pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Bosch](https://endata.com/companies/1725.md) (partner)
- [Evamo](https://endata.com/companies/9068.md) (acquirer)
- [Fidelium](https://endata.com/companies/9069.md) (investor)

## Sources

- [ncf.de](https://www.ncf.de/transaktion/evamo/), 2022-03-30: "Die Fidelium-Beteiligung Evamo hat im Rahmen eines Carve-Out-Prozesses den Geschäftsbereich Lenkungs- und Getriebepumpen der Bosch Automotive Steering erworben."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.