# Blackboxstocks to acquire Evtec Aluminium, EV parts supplier

Blackboxstocks Inc. executed a definitive agreement to acquire Evtec Aluminium Limited, a supplier of proprietary parts for EV, hybrid, and performance automotive markets. The transaction is expected to close in Q1 2024. Evtec has projected revenue of US$52 million for fiscal year ending June 30, 2024.

- Type: Acquisition
- Announced: 2023-12-12
- Where: United Kingdom
- Status: announced
- Products: proprietary mission critical parts for EV, hybrid, performance and luxury OEM automotive markets
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Blackboxstocks Inc.](https://endata.com/companies/74414.md) (acquirer)
- [Evtec Aluminium Limited](https://endata.com/companies/74415.md) (target)
- [Evtec Aluminum](https://endata.com/companies/74496.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20231213868320/en/Blackboxstocks-Inc.-Signs-Definitive-Agreement-to-Acquire-Evtec-Aluminium-Supplier-of-Proprietary-Parts-for-the-EV-Hybrid-and-Performance-Automotive-Market-with-Projected-Revenue-of-US%2452-Million-for-Fiscal-Year-Ending-June-30-2024), 2023-12-13: "Blackboxstocks Inc. (NASDAQ: BLBX), announced today that on December 12, 2023 it executed a definitive agreement to acquire Evtec Aluminium Limited."
- [dallasinnovates.com](https://dallasinnovates.com/blackboxstocks-to-acquire-u-k-s-evtec-aluminum-parts-supplier-for-ev-hybrid-and-performance-auto-market/), 2023-12-18: "This is a great transaction that delivers outstanding value for Blackbox stockholders."
- [lelezard.com](https://www.lelezard.com/en/news-blackboxstocks-inc-signs-definitive-agreement-to-acquire-evtec-aluminium-21188035.html), 2024-06-30: "Blackboxstocks Inc. announced today that on December 12, 2023 it executed a definitive agreement to acquire Evtec Aluminium Limited"

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