Volkswagen selects next-round bidders for Everllence unit, Bloomberg News reports

Porsche Automobil Holding SE

22/04/2026 13:17

April 22 (Reuters) - Volkswagen AG VOWG.DE has selected bidders for the next round of bidding for its heavy diesel engine unit Everllence, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Buyout firm EQT AB EQTAB.ST has teamed up with Porsche SE PSHG_p.DE, the Piech and Porsche families' investment vehicle that controls that controls Volkswagen Group, the report said.

It added that the EQT consortium, CVC Capital Partners CVC.AS and Bain Capital were invited to the next round of bidding.

Reuters could not immediately verify the report. Volkswagen did not immediately respond to a request for comment.

 (Reporting by Rhea Rose Abraham in Bengaluru; Editing by Tasim Zahid)

 ((RheaRose.Abraham@thomsonreuters.com;))