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 M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1