Volkswagen's Everllence Unit Attracting Interest From Private Equity, Bloomberg Says, Citing Sources

Dow Jones01-16
 

-- A number of private equity firms are interested in taking a majority stake in Volkswagen's heavy diesel engine unit Everllence, Bloomberg says, citing unnamed sources.

-- EQT is considering making a bid together with GIC, while CVC Capital Partners, Advent, Bain Capital, KPS Capital Partners, Clayton Dubilier & Rice and Mitsui & Co. are also among potential bidders, the people said, according to Bloomberg.

-- Everllence could be valued at between 5 billion and 6 billion euros, with first-round bids expected by Feb. 12, Bloomberg said, citing the people.

--Representatives of the private equity firms and GIC declined to comment to Bloomberg, while Mitsui said it doesn't disclose whether it is considering specific transactions. Volkswagen said it is reviewing strategic options for Everllence but declined to comment further to Bloomberg.

 

Full story: https://tinyurl.com/54bc28t5

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

January 16, 2026 03:00 ET (08:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment