"The transaction lays the groundwork for the sustainable continuation and further acceleration of our successful growth trajectory," says Dr Uwe Lauber, CEO of Everllence. "Bain Capital's financial strength, strategic expertise and global network are expected to strengthen our position to drive innovation, scale up cutting-edge technology and tap into new markets. At the same time, we are committed to remaining a reliable partner for our customers – with the clear ambition of making key industries worldwide more efficient, successful and climate-friendly."
With around 16,000 employees and revenue of 4.9 billion euros, Everllence ranks among the world's leading manufacturers of large engines, turbomachinery and decarbonization solutions. The company has undergone a fundamental transformation in recent years and is ready for the next stage of growth. Since its acquisition by the Volkswagen Group eight years ago, the provider of propulsion, decarbonization and efficiency solutions for the maritime, energy and industrial sectors has been strategically realigned, operationally streamlined and repositioned in June 2025 under the name Everllence (previously MAN Energy Solutions). Over the past six years, Everllence has grown steadily and, thanks to high demand, has repeatedly reported record order intake figures. The markets in which Everllence operates continue to grow: the energy transition, global infrastructure expansion and rising electricity consumption driven by digitalization and data centers are fueling demand. As at May 31, 2026, the book value of Everllence SE in the balance sheet of Volkswagen AG amounted to approx. 3.4 billion euros.
As part of the transaction, safeguards for the company's German sites have been agreed: the sites in Augsburg, Oberhausen, Berlin, Hamburg and Ravensburg will be retained under the new ownership structure at least until the end of 2030. Compulsory redundancies are ruled out during this period.
The transaction is subject to the completion of the information and consultation process in France and other customary conditions, including obtaining the required regulatory approvals.
About Everllence:
Everllence (formerly MAN Energy Solutions) is a leading global provider of propulsion, decarbonization and efficiency solutions for the maritime, energy and industrial sectors. True to our motto "Moving Big Things to Zero", we support key global industries in reducing hard-to-avoid emissions. Our technologies have a measurable impact on the success of the global energy transition. Everllence is headquartered in Germany and employs around 16,000 people at more than 140 locations worldwide. Our customers also benefit from the global network of service centers operated by our after-sales brand, Everllence PrimeServ
About Bain Capital:
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. It creates lasting impact for its investors, teams, businesses, and the communities in which it does business. As a private partnership, Bain Capital leads with conviction and a collaborative culture that enables it to innovate, unlock opportunity, and deliver strong outcomes. Its global platform invests across Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Across these focus areas, Bain Capital brings deep sector expertise and broad capabilities. Bain Capital has 24 offices on four continents, more than 2,000 employees, and approximately $225 billion in assets under management. To learn more, visit www.baincapital.com.
1) Proceeds are derived from the 51 % share and expected debt following completion of the leveraged buy-out transaction.