Volkswagen: EU gibt grünes Licht für Milliarden-Deal von VW

Brussels - The European Commission has given the green light for Volkswagen to sell a majority stake in its parent company, Everllence. The sale of 51 percent of shares to the US financial investor Bain Capital does not raise any competition concerns, according to the Brussels authority. In June, VW announced it had reached an agreement with Bain Capital.

Large acquisitions are then reviewed by the EU Commission to ensure they do not result in excessive restrictions on free competition. The transaction will bring Volkswagen a revenue of 7.4 billion euros. With the sale, the Wolfsburg-based company is focusing more on its core business. The five German sites of Everllence, formerly known as MAN Energy Solutions, are expected to remain under the new ownership until at least 2030, VW had informed.

Layoffs based on operational reasons are excluded during this period. Located in Augsburg, Everllence, renamed Everllence in 2025, is one of the world's leading manufacturers of large engines, turbo machines, and decarbonization solutions, with around 16,000 employees and revenue of approximately 4.9 billion euros.