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    Home > Finance > Blackstone, EQT and CVC make offers for VW’s Everllence unit, FT reports 
    Finance

    Blackstone, EQT and CVC make offers for VW’s Everllence unit, FT reports 

    Published by Global Banking & Finance Review®

    Posted on February 18, 2026

    1 min read

    Last updated: February 18, 2026

    Blackstone, EQT and CVC make offers for VW’s Everllence unit, FT reports  - Finance news and analysis from Global Banking & Finance Review
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    Tags:valuationsprivate equityfinancial marketsinvestmentcorporate strategy

    Quick Summary

    Volkswagen's Everllence division has attracted bids from Blackstone, EQT, and CVC, with valuations between 5 and 6 billion euros.

    Private Equity Giants Bid for Volkswagen's Everllence Division

    Overview of Bids for Everllence

    Feb 18 (Reuters) - Volkswagen has attracted bids from top private equity funds including Blackstone, EQT and CVC for its Everllence division, The Financial Times reported on Wednesday, citing people familiar with the matter.

    Valuation of the Everllence Division

    Volkswagen's Everllence division, which produces shipping engines and heat pumps, is being valued at between 5 billion euros ($5.92 billion) and 6 billion euros by prospective buyers, the report added. 

    Key Players in the Bidding Process

    Reuters could not immediately verify the report. 

    ($1 = 0.8445 euros)

    (Reporting by Devika Nair in Bengaluru)

    Table of Contents

    • Overview of Bids for Everllence
    • Valuation of the Everllence Division
    • Key Players in the Bidding Process

    Key Takeaways

    • •Volkswagen's Everllence division is up for sale.
    • •Blackstone, EQT, and CVC have submitted bids.
    • •The division is valued at 5-6 billion euros.
    • •Everllence produces shipping engines and heat pumps.
    • •The report was initially published by The Financial Times.

    Frequently Asked Questions about Blackstone, EQT and CVC make offers for VW’s Everllence unit, FT reports 

    1What is private equity?

    Private equity refers to investment funds that buy and restructure companies that are not publicly traded. These funds typically invest in private companies or buy out public companies to delist them from stock exchanges.

    2
    What is a valuation?

    A valuation is the process of determining the current worth of an asset or a company. It is essential for investment decisions, mergers, and acquisitions, and can be based on various financial metrics.

    3What is corporate strategy?

    Corporate strategy refers to the overall plan for a company to achieve its goals and objectives. It encompasses decisions regarding resource allocation, mergers and acquisitions, and market positioning.

    4What are shipping engines?

    Shipping engines are large engines used in maritime vessels to propel them across water. They are crucial for the transportation of goods and are a significant part of the shipping industry.

    5What are heat pumps?

    Heat pumps are devices that transfer heat energy from one place to another, often used for heating or cooling buildings. They are considered energy-efficient alternatives to traditional heating systems.

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