Transom Capital Group to take over Webasto’s EV charging business

German automotive supplier Webasto is divesting its EV charging business in order to strategically focus on its core business areas. Los Angeles-based Transom Capital Group will acquire a majority stake in Webasto’s charging solutions business. Webasto will remain a minority shareholder in the division. Webasto’s sites in Planegg, Germany, Monrovia, US and Guanajuato, Mexico, will be retained by the charging business after the sale. Webasto has invested heavily in electromobility, Read More