Announced
Completed
Financials
Sources
Tags
Domestic
Completed
Majority
automotive technology
Single Bidder
Friendly
Private
Acquisition
Auto Parts
United Kingdom
Synopsis
Bedeo, a technology company bringing smart, sustainable transportation solutions to companies, completed the acquisition of Protean Electric, an automotive technology firm, from New Energy Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group. Financial terms were not disclosed. "This acquisition ensures we will be well capitalised to meet the burgeoning demand from existing and new customers," Andrew Whitehead, Protean CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.