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Varroc acquires 45% stake in Forsee Power India

Oct 16, 2026

Acquiring Company

Varroc

Acquired Company

Forsee Power

AurangabadIvry-sur-SeineManufacturingAutomotiveFleet ManagementAppliances, Electrical, and Electronics Manufacturing

Description

Varroc Engineering Limited has acquired a 45% equity stake in Forsee Power India Private Limited. The transaction, valued at up to €4.5 million, gives Varroc management and operational control over the joint venture focusing on electric vehicle battery solutions. Completion of the deal is subject to certain conditions and should be finalized by December 31, 2026.

Quick answer

Varroc is acquiring Forsee Power, announced October 16, 2026. Varroc is based in Aurangabad, Maharashtra, India.

How much did Varroc pay for Forsee Power?
The deal value was not disclosed.
What does Varroc do?
Varroc Engineering is a leading global automotive component manufacturer.
Where are Varroc and Forsee Power based?
Varroc is based in Aurangabad, Maharashtra, India. Forsee Power is based in Ivry-sur-Seine, Ile De France, France.
Who are the decision-makers at Varroc?
Fundz holds 2 contacts at Varroc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Automotive and Fleet Management

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Company Information

Company

Varroc

Location

Aurangabad, Maharashtra, India

About

Varroc Engineering is a leading global automotive component manufacturer. The company focuses on producing high-quality products that enhance the driving experience through innovation and technology. They are committed to sustainability and operational excellence.

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Frequently asked

Who acquired Forsee Power?

Forsee Power was acquired by Varroc, based in Aurangabad. The deal was reported on October 16, 2026. Varroc Engineering is a leading global automotive component manufacturer. The company focuses on producing high-quality products that enhance the driving experience through innovation and technology. Varroc is privately held and operates in Manufacturing.

When did Varroc acquire Forsee Power?

Varroc's acquisition of Forsee Power was reported on October 16, 2026. Varroc Engineering Limited has acquired a 45% equity stake in Forsee Power India Private Limited. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Forsee Power do?

Forsee Power is an industrial group specializing in smart battery systems for sustainable electric transport (LEV, trucks, off highway vehicles, buses, trains, marine vessels). It is privately held, operating in Appliances, Electrical, and Electronics Manufacturing, and is based in Ivry-sur-Seine.

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