Exro Technologies to acquire SEA Electric for $402M

Exro Technologies will acquire SEA Electric, a California-based electric drivetrain provider, for approximately $402 million Canadian. The transaction is expected to close by end of Q1 2024.

“Our merger with SEA not only creates significant revenue and cost synergies, but positions Exro to amplify its growth with new partners”sustainablebiz.ca

• 2 sources
• sustainablebiz.caExro to acquire EV drivetrain company SEA Electric • SustainableBiz Canada • Sustainable Business NewsTyler ChoiJan 30, 2024
• prnewswire.comExro Announces Merger with SEA Electric to Create Leading e-Mobility Technology CompanyExro Technologies Inc.Jan 30, 2024

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