# 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.

- Type: Acquisition
- Announced: 2024-02-09
- Where: United States
- Status: announced
- Products: EV charging solutions, wallbox, mobile charger
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Webasto](https://endata.com/companies/5520.md)
- [Transom Capital Group](https://endata.com/companies/7959.md) (acquirer)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5274258/webasto-divests-its-ev-charging-business-to-focus-on-core-business-areas), 2024-02-12: "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."

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