Cenntro Electric Group - M&A Summary and Business Overview

AutomotiveCompany

Cenntro Electric Group M&A Summary

Cenntro Electric Group has acquired 1 company, including 1 in the last 5 years.

Cenntro Electric Group’s largest acquisition to date was in 2022, when it acquired Tropos Motors Europe for $4M. The Company’s most targeted sectors include automotive (100%).

Cenntro Electric Group Business Overview

Where is Cenntro Electric Group headquartered?

Cenntro Electric Group is headquartered in Freehold, New Jersey.

What is Cenntro Electric Group’s revenue?

Cenntro Electric Group disclosed revenue of 9M USD for 2022 and 8M USD for 2021.

How many employees does Cenntro Electric Group have?

Cenntro Electric Group has 315 employees.

What sector is Cenntro Electric Group in?

Cenntro Electric Group is an automotive company.

When was Cenntro Electric Group founded?

Cenntro Electric Group was founded in 2013.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Cenntro Electric Group

Cenntro Electric Group Ltd.

501 Okerson Road,
Freehold, New Jersey 07728
United States,
(732) 820-6757
www.cenntroauto.com

Cenntro Electric Group is a designer and manufacturer of electric light and medium-duty commercial vehicles. Cenntro’s purpose-built ECVs are designed to serve a variety of organizations in support of city services, last-mile delivery and other commercial applications. Cenntro Electric Group was founded in 2013 and is based in Freehold, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - - 1 - - 1
vol $4M $4M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Tropos Motors Europe GmbH 2022-03-25 4M EUR Divestiture
Herne, Germany · www.tropos-motors.de
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 1 (100%) 4M (100%) - -
Total 1 $4M - -

By Geo

State/Country Buy Value Sell Value
Germany 1 4M - -
Total 1 $4M - -

Deal Values

buy # Total
< $100M 1 $4M
TOTAL $4M
Largest Tropos Motors Europe GmbH
$4M (2022-03-25)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Automotive

Revenue

9   13% 2022
8   60% 2021
5   67% 2020
3   2019
(millions of USD) Show More Show Less

Employees

315

Established

2013

Public

NASDAQ: CENN

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