DC Advisory advises Phoenix Contact on the sale of its Automotive OEM E-Mobility business to TE Connectivity
Background
- Headquartered in Schieder-Schwalenberg, Germany, Phoenix Contact Group is a manufacturer and global market leader in industrial electrical engineering, components, and systems for automation, networking, and electrification
- Phoenix Contact E-Mobility develops and produces innovative solutions for electric vehicle charging and commercial vehicle electrification, with a particular focus on charging infrastructure including high-power charging cables for fast-charging applications, as well as system components for the electrification of vehicles
- In 2025, Phoenix Contact announced a strategic realignment and its planned exit from the Automotive OEM business by the end of 2026
Process
- DC Advisory was appointed as the exclusive financial advisor to Phoenix Contact on the sale of its passenger car (Automotive OEM) E-Mobility business (Phoenix Contact E-Mobility) to TE Connectivity
- DC Advisory ran a bespoke global process, leveraging its senior relationships to identify and engage a highly relevant bidder group capable of supporting the strategic profile and Phoenix Contact E-Mobility’s growth plan
- DC Advisory provided M&A services, including overall transaction strategy and tactics, global sector insights, and close support throughout the entire process
Outcome
- The transaction closed in Q1 2026
- The financial terms of the transaction were not disclosed
- As part of an asset deal, TE Connectivity will acquire substantial assets and activities related to Phoenix Contact E-Mobility’s business with passenger car manufacturers
- The transaction marks a milestone in the strategic realignment of Phoenix Contact E-Mobility and highlights DC Advisory’s expertise across electrification and the E-Mobility ecosystem
“With the transaction now initiated, we are creating organizational clarity, reducing complexity, and together with our customers and partners, focusing our resources on markets where we see substantial and sustainable growth opportunities.”
“Exiting the Automotive OEM business is a strategic decision that allows us to sharpen our strategic profile and concentrate fully on the growth areas where we can create sustainable value. We thank DC Advisory for the great support throughout this transaction.”
“We are pleased to have advised Phoenix Contact on this transaction and to support the transformation of the Group on the way to realize its vision of an all-electric society. With TE Connectivity, we have found a strategic partner with a complementary setup in times of accelerated sector consolidation.”
- Industrials
- M&A Advisory
Disclaimer
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