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New Deal


Announced

Completed

Exro Technologies completed a $42m investment in Sea Electric.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Majority

Friendly

Completed

Acquisition

Cross Border

Automobiles

automotive technology

Private

Single Bidder

Synopsis

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Exro Technologies, a clean technology company, completed a $42m investment in Sea Electric, a global automotive technology company. "We’re thrilled to be working together with SEA Electric to increase the momentum of commercial electric vehicle uptake. We have a strong relationship with Tony and the SEA Electric team and are very excited to realize the benefits of the BCS co-development project," Sue Ozdemir, Exro Technologies CEO.

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