Porsche AG Says It Acquired V4drive From Varta AG On March 1, 2025

Reuters
2025.03.04 14:20
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DR ING HC F PORSCHE AG :PORSCHE AG ACQUIRED V4DRIVE GMBH FROM THE VARTA AG GROUP ON MARCH 1, 2025VARTA AG WILL RETAIN A MINORITY STAKE WITHOUT ANY OPERATIONAL INFLUENCEV4DRIVE IS BEING REBRANDED AS V4SMARTPLANNED FROM APRIL ONWARDS, CYLINDRICAL CELLS WILL ALSO BE MANUFACTURED IN A NEW FACILITY AT THE NÖRDLINGEN SITEPORSCHE AG INTENDS TO CONTINUE WITH ACQUIRING A STAKE IN VARTA AG