Westport Fuel Systems Inc. announced the successful closing of the previously announced transaction to divest its Light-Duty Segment. The sale was completed with Heliaca Investments Coöperatief U.A., a Netherlands-based investment firm, on July 29, 2025.
The total consideration for the divested assets was a base price of approximately $79.5 million (€67.7 million), subject to certain adjustments. Additionally, potential earnouts of up to a revised estimate of $3.9 million (€3.3 million) are possible based on future performance milestones.
This divestiture marks a pivotal step in strengthening Westport's balance sheet and allows the company to sharpen its focus on higher-growth opportunities in commercial transportation and industrial applications. The company aims to leverage its core strengths in fuel-agnostic, high-pressure fuel systems to meet growing market demand for cleaner, more sustainable solutions.
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