Exedy Corporation acquires Protean Electric

Exedy Corporation agreed to acquire Protean Electric. Reported deal value: Undisclosed. Status: Completed. Sector: Automotive. Target headquarters context: Farnham Castle Ward, Surrey, United Kingdom.

This page summarizes publicly available information about the transaction as of 2026-03-09. Figures and status may change as filings and press coverage update.

According to its own statements, Protean Electric ‘is looking forward to a bright future as part of the Exedy Group as it continues to advance the state-of-the-art in-wheel motors to enable its customers to offer differentiated and cost-competitive vehicles to market.’ Through the acquisition Exedy intends to combine the technological strengths of both companies to continue providing competitive products and services,” the new Japanese owner said in its announcement