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New Deal


Announced

NFC Indonesia and Sicepat joint venture to acquire Volta.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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electric motorcycles

Majority

Automobiles

Private

Pending

Acquisition

Single Bidder

Friendly

Indonesia

Domestic

Synopsis

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NFC Indonesia, a digital platform operator, and Sicepat, a provider of logistics services, joint venture agreed to acquire Volta, a developer of electric motorcycles. Financial terms were not disclosed. “We expect that as battery technology improves with time, going green in the transportation/logistics industry will become increasingly affordable and economical,” The Kim Hai, SiCepat CEO.

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