Private equity firms Blackstone and EQT submit bids for Volkswagen Everllence division
Major private equity firms including Blackstone and EQT have submitted bids for Volkswagen's Everllence unit. The division is valued at up to six billion euros.
Insights:
Volkswagen AG has attracted bids from private equity firms Blackstone Inc. , EQT, and CVC for its Everllence division, which produces shipping engines and heat pumps. According to reports from the Financial Times and Reuters on February 18, 2026, prospective buyers are valuing the unit at between €5 billion and €6 billion. This development is considered material as it involves a major business unit and a multibillion-euro valuation that could lead to a significant corporate transaction.
