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In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the “operation summary” below, containing information provided by the parties.
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.
Names of the companies and groups involved:
- The direct acquirer: the company “Nikolaus (BC) Bidco GMBH”.
- The indirect acquirer: the company “Bain Capital Investors, LLC”.
- The historical shareholder: the company “Volkswagen Aktiengesellschaft”.
- The target: the company “Everllence SE”.
Nature of the operation:
- Joint takeover.
Economic sectors concerned:
- The maritime and energy industries sector.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this press release, i.e., September 28, 2026.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration project concerning the indirect joint takeover of the company “Everllence SE” by the company “Bain Capital Investors, LLC”, alongside its historical shareholder, the company “Volkswagen Aktiengesellschaft”, through the company “Nikolaus (BC) Bidco GMBH”.
“Volkswagen Aktiengesellschaft” is a German public limited company, registered in the commercial register of the Braunschweig court under number HRB 100484 and headquartered at Berliner Ring 2, 38440 Wolfsburg, Germany. “Volkswagen Aktiengesellschaft” is an automotive manufacturer that designs, manufactures, markets, and sells passenger vehicles, light commercial vehicles, trucks, buses, coaches, diesel engines, motorcycles, as well as their spare parts and accessories.
“Bain Capital Investors, LLC” is a private investment company under U.S. law, registered in the state of Delaware under number 3229725, with its headquarters at 200 Clarendon Street, Boston, Massachusetts 02116, United States.
The company “Bain Capital Investors, LLC” is active in various sectors, including information technology, healthcare, distribution and consumer products, communications, financial services, industry, and manufacturing.
“Nikolaus (BC) Bidco GMBH” is a German limited liability company, registered in the commercial register (Handelsregister) of the local court (Amtsgericht) of Munich under number HRB 312146 and headquartered at Eschersheimer Landstraße 50-54, c/o Apex Corporate Products (Germany), 60322 Frankfurt am Main. “Nikolaus (BC) Bidco GMBH” is a special purpose vehicle ultimately controlled by funds managed and/or advised by the company “Bain Capital Investors, LLC”.
“Everllence SE” is a European company under German law, registered in the commercial register (Handelsregister) of the local court (Amtsgericht) of Augsburg under number HRB 22056 and headquartered at Stadtbachstraße 1, 86153 Augsburg, Germany. The activity of the company “Everllence SE” is driven by an international industrial group specialized in propulsion, decarbonization, and energy efficiency solutions for the maritime industry, the energy sector, and industrial applications.
Done in Rabat, on September 17, 2026.
