Webasto to Acquire AeroVironment EV Charging and Test Systems Business

Webasto Group, one of the 100 leading suppliers to the automotive industry worldwide, will acquire AeroVironment’s Efficient Energy Systems (EES) business segment for $35 million, subject to customary post-closing adjustments and indemnification agreements. Webasto will retain all existing EES employees, while strengthening its long-term E-mobility strategy. “This strategic acquisition accelerates the global development of our […]