Post by Everllence

𝗔 𝗻𝗲𝘄 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝘁𝗼 𝗮𝗱𝘃𝗮𝗻𝗰𝗲 𝗘𝘃𝗲𝗿𝗹𝗹𝗲𝗻𝗰𝗲’𝘀 𝗴𝗿𝗼𝘄𝘁𝗵 𝘁𝗿𝗮𝗷𝗲𝗰𝘁𝗼𝗿𝘆 The Volkswagen Group has entered into an exclusive arrangement with Bain Capital for the sale of a 51% stake in Everllence, while planning to remain a major shareholder with 49% in the medium term. The envisaged transaction will strengthen Everllence’s financial position and support its continued growth across global shipping, the energy sector and data centers. It also reflects the company’s transformation into a leading provider of decarbonization solutions. Uwe Lauber, CEO of Everllence, said: “Bain Capital's financial strength, strategic expertise and global network are expected to strengthen our position to drive innovation, scale up cutting-edge technology and tap into new markets." Learn more in the full press release: https://lnkd.in/efpyh5cG