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M&A Deal Summary

Envirotech Vehicles Acquires Kymera

On May 15, 2025, Envirotech Vehicles acquired marine company Kymera

Acquisition Highlights
  • This is Envirotech Vehicles’ 1st transaction in the Marine sector.
  • This is Envirotech Vehicles’ 1st transaction in the United States.
  • This is Envirotech Vehicles’ 1st transaction in Texas.

M&A Deal Summary
Date 2025-05-15
Target Kymera
Sector Marine
Buyer(s) Envirotech Vehicles
Deal Type Add-on Acquisition

Target

Kymera

McKinney, Texas, United States
Kymera is a manufacturer of marine craft. Kymera was founded in 2004 and is based in McKinney, Texas.

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Buyer(S) 1

Buyer

Envirotech Vehicles

Houston, Texas, United States
Category Company
Sector Automotive
Employees22
Revenue 2M USD (2024)
DESCRIPTION

Envirotech Vehicles developing and delivering cutting-edge, zero-emission commercial transportation solutions. Envirotech Vehicles is bsed in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector: Marine M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 Maddox Industries

Humacao, Puerto Rico

Maddox Industries is a design and implementation firm dedicated to advancing electric vehicle initiatives, offering strategic guidance, technical expertise, and market insights to stakeholders across the EV ecosystem.” Maddox Industries was founded in 2021 and is based in Humacao, Puerto Rico.

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Mergr

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