.
MergerLinks Header Logo

New Deal


Announced

Completed

TVS Motor Company completed the acquisition of a 75% stake in Swiss E-Mobility Group from Constellation Capital for $65m.

Financials

Edit Data
Transaction Value£57m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Mobility

Single Bidder

Cross Border

Private

Acquisition

Private Equity

Majority

Switzerland

e-mobility

Friendly

Completed

Synopsis

Edit

TVS Motor Company, an Indian multinational automotive company, completed the acquisition of a 75% stake in Swiss E-Mobility Group, a provider of e-mobility solutions within the DACH region, from Constellation Capital, a private equity firm, for $65m. "TVS Motor has always been committed to sustainability and has been investing in electric vehicles for over 10 years. The increasing global focus on the environment and personal well-being is rapidly accelerating demand for newer mobility solutions, and TVS Motor is investing to drive this change," Venu Srinivasan, TVS Motor Company Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US