# Stellantis acquires full control of eDCT transmission joint venture from Punch Powertrain

Stellantis has taken full ownership of the Punch Powertrain PSA E-Transmissions joint venture in Sint-Truiden, Belgium, after a Belgian court ruling. The JV produces dual-clutch transmission components for hybrid vehicles.

- Type: Acquisition
- Announced: 2024-05-03
- Where: Sint-Truiden, Belgium
- Jobs: 600
- Status: completed
- Products: eDCT transmission components, dual-clutch transmissions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Punch Powertrain](https://endata.com/companies/2786.md) (target)
- [Stellantis](https://endata.com/companies/7966.md) (acquirer)

## Sources

- [newmobility.news](https://newmobility.news/en/2024/05/03/stellantis-rakes-in-edct-tech-from-belgian-punch-powertrain/), 2024-05-03: "A Belgian judge’s decision in an appeal has officially secured Stellantis’ move to completely rake in the joint venture with Belgian Punch Powertrain in Sint Truiden."
- [hln.be](https://www.hln.be/sint-truiden/autobouwer-stellantis-wordt-eigenaar-van-limburgse-punch-powertrain-600-jobs-gered~a69d87c4/), 2024-05-04: "Punch Powertrain heeft de vijandige overname door Stellantis proberen tegen te gaan, maar dat is hen niet gelukt."

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