M&A Deal Summary

TREMEC Acquires Electric GT

On August 17, 2023, TREMEC acquired automotive company Electric GT

Acquisition Highlights
  • This is TREMEC’s 1st transaction in the Automotive sector.
  • This is TREMEC’s 1st transaction in the United States.
  • This is TREMEC’s 1st transaction in California.

M&A Deal Summary

Date 2023-08-17
Target Electric GT
Sector Automotive
Buyer(s) TREMEC
Deal Type Add-on Acquisition

Target

Electric GT

Huntington Beach, California, United States
Electric GT is a provider of electric vehicle powertrain systems and ev components. engineered ev solutions pair with a full line of ev eco-system, Electric GT is based in Huntington Beach, California.

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Buyer(S) 1

Buyer

TREMEC

Mexico

Category Company
Sector Automotive
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1