# Delta to acquire TB&C for EV components

Delta Electronics announced it will acquire TB&C, a provider of automotive high-voltage hybrid components, to strengthen its EV business portfolio.

- Type: Acquisition
- Announced: 2023-06-15
- Where: Germany
- Value: $152.0M (142.0M EUR)
- Status: announced
- Products: high-voltage hybrid components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Delta Electronics](https://endata.com/companies/26117.md) (acquirer)
- [TB&C](https://endata.com/companies/70839.md) (target)
- [HY&T Investments Holding B.V.](https://endata.com/companies/70870.md) (target)
- [Cooperatief H2 Equity Partners Fund IV Holding W.A.](https://endata.com/companies/70871.md) (partner)
- [Te Bokkel Beheer B.V.](https://endata.com/companies/70872.md) (partner)

## Sources

- [deltaww.com](https://www.deltaww.com/en-US/press/38541), 2023-06-15: "Delta to Acquire TB&C, a Leading Provider of Automotive High-voltage Hybrid Components, to Strengthen its EV Business Portfolio."
- [prnewswire.com](https://www.prnewswire.com/news-releases/delta-to-acquire-tbc-a-leading-provider-of-automotive-high-voltage-hybrid-components-to-strengthen-its-ev-business-portfolio-301852194.html), 2023-06-15: "Delta today announced the signing of a definitive agreement to purchase...100% shareholdings of HY&T Investments Holding B.V. and its subsidiaries, including TB&C Group...for 142 million euros."
- [delta-americas.com](https://www.delta-americas.com/en-US/news/38545), 2023-06-16: "The accelerated growth of the global EV market is expected to help Delta’s overall business achieve its two-digit growth target over the next five years."

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