Volkswagen sells majority stake in Everllence to Bain Capital

Everllence Volkswagen has agreed to sell a majority stake in German engine manufacturer Everllence to private equity firm Bain Capital in a deal valuing the business at €7.4bn ($8.4bn). The deal will see Bain Capital acquire 75% of Everllence, while Volkswagen Group will retain a 25% minority holding. The transaction remains subject to regulatory approvals and is expected to close later this year. Everllence, formerly known as MAN Energy Solutions, is one of the world’s leading suppliers of large-bore two-stroke and four-stroke marine engines, with its technology powering a significant proportion of the global merchant fleet. The company also has growing businesses in energy infrastructure, carbon capture, heat pumps and industrial decarbonisation technologies. Everllence employs around 15,000 people globally and operates manufacturing, research and service facilities across Europe, Asia and the Americas. Sam Chambers Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune. Read Next June 26, 2026 90 days to Splash Singapore June 25, 2026 Semco Maritime lands offshore services contract with INEOS June 25, 2026 TotalEnergies awards decom work to Ocean Installer June 25, 2026 Vår Energi doubles down on North Sea hub strategy June 25, 2026 SeaBird Exploration adds West Africa work to 2026 schedule Back to top button