Volkswagen agrees to sell 51% stake in Everllence to Bain Capital for EUR 7.4 billion

  • Volkswagen agreed to sell a 51% stake in Everllence to Bain Capital, retaining 49% as a long-term minority holding.
  • The deal values proceeds to Volkswagen at about EUR 7.4 billion, strengthening funding for its ongoing transformation.
  • Completion is targeted by end-2026, subject to employee consultation in France and standard closing approvals.
  • Everllence has about 16,000 employees, generated EUR 4.9 billion in revenue, and was rebranded in June 2025 from MAN Energy Solutions.
  • VW agreed protections for German sites through end-2030, with no operational layoffs planned in that period.


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