VivoPower Confirms Continuation of Proposed US$180 Million Takeover Process: US Tariffs Not Expected to Affect Tembo Business
VivoPower International PLC (NASDAQ: VVPR) and Energi Holdings are advancing to the exclusive due diligence phase of a proposed US$180 million takeover. The all-cash offer, made by Energi in March, targets all non-affiliated free float shares at a premium to market price.
Energi Holdings, an Abu Dhabi-based energy solutions company founded in 2014 with US$1 billion in revenues, operates across the Middle East, Africa, South Asia, Europe, and Southeast Asia.
Additionally, VivoPower management has assessed the recently proposed US tariffs announced by President Trump and concluded they will not negatively impact the Tembo electric vehicle business. This is primarily because Tembo's strategy focuses on markets outside the United States for its electric vehicle solutions, including off-road, ruggedized on-road, and public utility vehicles, with no current US customers, partners, or suppliers.
VivoPower International PLC (NASDAQ: VVPR) ed Energi Holdings stanno avanzando verso la fase esclusiva di due diligence di una proposta di acquisizione da 180 milioni di dollari. L'offerta interamente in contante, presentata da Energi a marzo, mira a tutte le azioni flottanti non affiliate a un premio rispetto al prezzo di mercato.
Energi Holdings, un'azienda di soluzioni energetiche con sede ad Abu Dhabi, fondata nel 2014 e con 1 miliardo di dollari di fatturato, opera in Medio Oriente, Africa, Sud Asia, Europa e Sud-est asiatico.
Inoltre, la direzione di VivoPower ha valutato i recenti dazi doganali proposti dagli Stati Uniti annunciati dal Presidente Trump e ha concluso che non avranno un impatto negativo sul business dei veicoli elettrici Tembo. Questo principalmente perché la strategia di Tembo si concentra su mercati al di fuori degli Stati Uniti per le sue soluzioni di veicoli elettrici, inclusi veicoli fuoristrada, veicoli robusti per strada e veicoli per servizi pubblici, senza clienti, partner o fornitori attuali negli Stati Uniti.
VivoPower International PLC (NASDAQ: VVPR) y Energi Holdings están avanzando a la fase exclusiva de diligencia debida de una propuesta de adquisición de 180 millones de dólares. La oferta totalmente en efectivo, realizada por Energi en marzo, tiene como objetivo todas las acciones flotantes no afiliadas a un precio superior al del mercado.
Energi Holdings, una empresa de soluciones energéticas con sede en Abu Dhabi, fundada en 2014 con 1 mil millones de dólares en ingresos, opera en Medio Oriente, África, Asia del Sur, Europa y el Sudeste Asiático.
Además, la dirección de VivoPower ha evaluado los recientes aranceles propuestos por Estados Unidos anunciados por el presidente Trump y ha concluido que no afectarán negativamente al negocio de vehículos eléctricos Tembo. Esto se debe principalmente a que la estrategia de Tembo se centra en mercados fuera de Estados Unidos para sus soluciones de vehículos eléctricos, incluidos vehículos todoterreno, vehículos robustos para carretera y vehículos de servicios públicos, sin clientes, socios o proveedores actuales en Estados Unidos.
VivoPower International PLC (NASDAQ: VVPR)와 Energi Holdings가 제안된 1억 8천만 달러 인수의 독점 실사 단계로 나아가고 있습니다. Energi가 3월에 제시한 전액 현금 제안은 시장 가격에 비해 프리미엄을 붙여 비연관 자유 유동 주식 전체를 목표로 하고 있습니다.
Energi Holdings는 2014년에 설립된 아부다비 기반의 에너지 솔루션 회사로, 10억 달러의 수익을 올리며 중동, 아프리카, 남아시아, 유럽, 동남아시아에서 운영되고 있습니다.
또한, VivoPower 경영진은 트럼프 대통령이 발표한 최근의 미국 관세를 평가했으며, Tembo 전기차 사업에 부정적인 영향을 미치지 않을 것이라고 결론지었습니다. 이는 주로 Tembo의 전략이 미국 외부 시장에 전기차 솔루션을 집중하고 있기 때문이며, 오프로드, 견고한 도로용 및 공공 유틸리티 차량을 포함하여 현재 미국 고객, 파트너 또는 공급자가 없습니다.
VivoPower International PLC (NASDAQ: VVPR) et Energi Holdings avancent vers la phase exclusive de diligence raisonnable d'une proposition de rachat de 180 millions de dollars. L'offre entièrement en espèces, faite par Energi en mars, cible toutes les actions flottantes non affiliées à un prix supérieur à celui du marché.
Energi Holdings, une entreprise de solutions énergétiques basée à Abou Dhabi, fondée en 2014 avec 1 milliard de dollars de revenus, opère au Moyen-Orient, en Afrique, en Asie du Sud, en Europe et en Asie du Sud-Est.
De plus, la direction de VivoPower a évalué les récents droits de douane proposés par les États-Unis annoncés par le président Trump et a conclu qu'ils n'auront pas d'impact négatif sur le marché des véhicules électriques Tembo. Cela est principalement dû au fait que la stratégie de Tembo se concentre sur des marchés en dehors des États-Unis pour ses solutions de véhicules électriques, y compris les véhicules tout-terrain, les véhicules robustes sur route et les véhicules de services publics, sans clients, partenaires ou fournisseurs actuels aux États-Unis.
VivoPower International PLC (NASDAQ: VVPR) und Energi Holdings schreiten in die exklusive Due-Diligence-Phase eines vorgeschlagenen Übernahmeangebots über 180 Millionen US-Dollar voran. Das vollständig in bar angebotene Angebot, das Energi im März gemacht hat, richtet sich an alle nicht verbundenen Free-Float-Aktien zu einem Aufschlag auf den Marktpreis.
Energi Holdings, ein 2014 gegründetes Unternehmen für Energielösungen mit Sitz in Abu Dhabi und einem Umsatz von 1 Milliarde US-Dollar, ist im Nahen Osten, in Afrika, Südasien, Europa und Südostasien tätig.
Darüber hinaus hat das Management von VivoPower die kürzlich von Präsident Trump angekündigten US-Zölle bewertet und festgestellt, dass sie das Tembo-Elektrofahrzeuggeschäft nicht negativ beeinflussen werden. Dies liegt hauptsächlich daran, dass die Strategie von Tembo auf Märkte außerhalb der Vereinigten Staaten für seine Elektrofahrzeuglösungen fokussiert ist, einschließlich Geländewagen, robusten Straßenfahrzeugen und öffentlichen Versorgungsfahrzeugen, ohne derzeitige Kunden, Partner oder Lieferanten in den USA.
- All-cash takeover offer at US$180 million with premium to market price
- Proposed US tariffs will not adversely affect Tembo EV business operations
- Strategic focus on international markets reduces US regulatory exposure
- market presence with no access to US market for Tembo EV business
VivoPower and Energi Holdings, which has made an all-cash offer at a premium to market to acquire the Company, are progressing to the next step—the exclusive due diligence period
Review of the proposed US tariffs announced by President Trump suggests that they are not expected to affect the Tembo electric vehicle business
LONDON, April 07, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) ("VivoPower" or the "Company") confirmed today with Energi Holdings Limited (“Energi”) that both parties will continue to progress with the next steps of the takeover process, being the exclusive due diligence period.
An unsolicited all-cash offer to acquire all non-affiliated free float shares of VivoPower was made in March by Energi, an Abu Dhabi-headquartered energy solutions company established in 2014. Energi has US
About VivoPower
Established in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning global sustainable energy solutions B Corporation company focussed on electric solutions for off-road and on-road customised and ruggedised fleet applications as well as ancillary financing, charging, battery and microgrids solutions. VivoPower’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
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