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Transom Capital Group to acquire majority stake in Webasto's EV charging business · Endata

◂ Announcements

Feb 9, 2024ACQUISITIONUnited States

Transom Capital Group to acquire majority stake in Webasto's EV charging business

German automotive component supplier Webasto announced that Los Angeles-based Transom Capital Group will acquire a majority stake in its EV charging solutions business. Webasto will remain a minority shareholder. The purchase agreement was signed on February 7, 2024.

Status

Announced

ProductsEV charging solutionswallboxmobile charger

CompaniesWebasto Transom Capital Group acquirer

Sectors#Automotive Components

“I am pleased that we have gained a partner that will continue the success story of our charging solutions business while continuing to offer development opportunities to the many highly qualified colleagues who are part of the business.”autotechinsight.spglobal.com

1 source
autotechinsight.spglobal.comWebasto divests its EV charging business to focus on core business areas - Automotive Technology Insight | Forecasts | Industry News | Supply ChainFeb 12, 2024

Summarized from public sources; check the original articles before acting on it.

More from Webasto

Feb 7, 2024ACQUISITIONPlanegg, Germany, Germany
Transom Capital Group acquires majority stake in Webasto charging business
Webasto target Transom Capital Group acquirer just-auto.com
Jan 15, 2024NEW FACILITYWuhan, Chinaops 15 Jan 2024
Webasto opens new plant in Wuhan, China
Webasto haythink.com
Feb 20, 2023NEW FACILITYGuanajuato, Mexico140 jobsops 20 Feb 2023
Webasto opens EV charging solutions plant in Guanajuato, Mexico
Webasto webasto.com evmagz.com
Feb 17, 2023EXPANSIONGuanajuato, Mexico, Mexico$51.6M317 jobsops 17 Feb 2023
Webasto expands Guanajuato plant with $51.6M investment for EV charger production
Webasto tyt.com.mx siila.com.mx
Nov 11, 2020CONTRACTPlymouth, Michigan, United States
Webasto supplies retractable hardtop for 2020 Corvette convertible
General Motors customer Webasto supplier autotechinsight.spglobal.com
Sep 11, 2019NEW FACILITYWuhan, Hubei Province, China$55.0M
Webasto opens new EUR50m roof systems and e-mobility plant in Wuhan, China
Webasto just-auto.com

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