Volkswagen Sells 51% of Everllence to Bain for €7.4bn

Volkswagen has agreed to sell a 51% stake in Everllence, its large-engine subsidiary formerly known as MAN Energy Solutions, to Bain Capital in a leveraged buyout that will generate proceeds of about €7.4 billion ($8.4 billion), in one of European industry’s biggest carve-outs this year. Announced on 24 June 2026, the deal hands control of … Read more