Delta Electronics to buy TB&C for €142 million to strengthen EV portfolio
The deal is likely to enhance the company’s EV BMS capabilities
Delta Electronics Inc., a leading provider of power and thermal-management solutions, on June 15 announced the signing of a definitive agreement to purchase, through its subsidiary Delta International Holding Ltd. BV, 100% shareholdings of HY&T Investments Holding BV and its subsidiaries, including TB&C Group, a leading provider of automotive high-voltage hybrid components, from Cooperatief H2 Equity Partners Fund IV Holding WA and Te Bokkel Beheer BV for €142 million.
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