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Announced

Completed

BlackRock completed a $118m investment in Arrival.

Financials

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Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Private Equity

Private

Automobiles

electric vehicles

smart vehicle

United Kingdom

Acquisition

Friendly

Cross Border

Single Bidder

Completed

Synopsis

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Investment company BlackRock completed a $118m investment in Arrival, the technology company focused on commercial electric vehicles. "We are excited to welcome BlackRock as a strategic financial investor with its excellent track record in ESG. This additional capital will be invested into Arrival’s growth, as we deepen and expand our presence in the US and other new markets globally. With our new Microfactory in South Carolina, we are looking forward to partnering with more cities and companies to create a sustainable future," Denis Sverdlov, Arrival Founder and CEO.

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