Tag: Acquisition

Bajaj Auto Takes Full Control of KTM, Husqvarna and GasGas
7Dec By M.ChenNo Comments
News

Bajaj Auto Takes Full Control of KTM, Husqvarna and GasGas

Indian motorcycle giant Bajaj Auto has taken full control of Austrian motorcycle manufacturer Pierer Mobility, which owns brands such as KTM, Husqvarna, and GasGas. The Extraordinary General Meeting on November 19 marks the start of a new era for these iconic European motorbike companies.Key TakeawaysBajaj Auto acquires full control over Pierer Mobility, including KTM and Husqvarna brands.The company will change its name to Bajaj Mobility AG and move headquarters from Wels to Mattighofen.This acquisition is expected to strengthen the global position of both companies through combined engineering and manufacturing capabilities.On November 10, the European Commission approved the takeover by Bajaj Auto, clearing the way for a complete ownership transfer. The deal includes Pierer Industrie AG...
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5Dec By S.MartinezNo Comments
EV & Electric Cars, Industry & Business, News

Inteva Expands in Europe with IAC Acquisition

Automotive supplier Inteva Products has just made a big move by acquiring selected European assets from International Automotive Components (IAC) Group. This deal not only boosts their global workforce to 12,000 employees but also solidifies their presence across 37 sites worldwide.Key TakeawaysInteva's acquisition strengthens its engineering capabilities in Europe and Asia.The deal increases Inteva’s global workforce to 12,000 employees spread over 37 sites.This move positions Inteva as a leader in automotive interiors with expanded design services.With this acquisition, Gerard Roose, president and CEO of Inteva Products, is thrilled. He says they're bringing together two teams that share the same commitment to innovation and customer success. And it's not just about numbers; it’s also ab...
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Clarios Acquires Maxwell Technologies to Enhance Supercapacitor Portfolio
30Nov By AGN EditorNo Comments
EV & Electric Cars, Industry & Business, News

Clarios Acquires Maxwell Technologies to Enhance Supercapacitor Portfolio

Clarios, a leading supplier of low-voltage energy storage solutions, has announced the acquisition of Maxwell Technologies, a manufacturer renowned for its supercapacitors. This strategic move aims to strengthen Clarios' position in high-performance, short-duration energy storage solutions.Key TakeawaysClarios acquires Maxwell Technologies to bolster its supercapacitor offerings.The deal enhances Clarios’ supply chain stability for both US and global customers in the EV and broader mobility sector.Maxwell’s technology is expected to support battery circularity and innovation in low-voltage energy storage.This acquisition marks a significant expansion of Clarios' product range, as Maxwell Technologies specializes in supercapacitors that can handle up to 1 million charging cycles under extre...
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