H2 sells stake in TB&C to Delta Electronics

4 July 2023

Delta Electronics, Inc., a global leading provider of power and thermal management solutions, through its subsidiary Delta International Holding Limited B.V., has entered into a share purchase agreement with H2 Equity Partners Fund IV Holding W.A. and Te Bokkel Beheer B.V. regarding the sale and purchase of HY&T Investments Holding B.V. and its subsidiaries. This included the purchase of TB&C Group, a leading provider of automotive high-voltage hybrid components for EUR 142 million

TB&C, with its operational headquarters in Germany, develops industry-leading hybrid technologies for mechanical components applied in automotive, industrial and medical applications. Its customer base includes world-class automotive companies, as well as tier-1 automotive suppliers. The transaction is expected to enhance Delta’s EV battery management system (BMS) capabilities by integrating TB&C’s technologies with Delta’s Component Business Group’s automotive component product lines. It will also generate substantial synergies by leveraging both companies’ R&D and manufacturing resources to accelerate Delta’s overall EV business expansion.

The closing of the transaction is subject to satisfaction of certain closing conditions including relevant regulatory approval.

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.