SEO URLwww.firestrike.ai/deals/protean-electric-exedy-acquisition-2026
acquisitionAnnounced · Feb 24, 2026AutomotiveSource · Community DiscussionsArticle · Factual
EXEDY acquires Protean Electric
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$35M
Target
Protean Electric
Farnham Castle Ward, Surrey
Acquirer
EXEDY
Full Acquisition
Status
Pending
EXEDY agreed to acquire Protean Electric. Reported deal value: $35M. Status: Pending. Sector: Automotive. Target headquarters context: Farnham Castle Ward, Surrey, United Kingdom.
This page summarizes publicly available information about the transaction as of 2026-02-24. Figures and status may change as filings and press coverage update.
EXEDY to acquire in- wheel motor company Protean Electric
Deal timeline
Announced
Feb 24, 2026 · chargedevs.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Automotive with a reported deal value of $35M. Figures and status may change as sources update.
Sources: chargedevs.com · Primary article · FireStrike proprietary index