According to media reports, Webasto is seeking to divest its battery systems division. CEO Jörg Buchheim stated that the company is in advanced negotiations with two strategic investors. A deal could be finalised later this year. The proceeds would provide financial relief to the struggling supplier.

This is according to consistent reports from Handelsblatt and Automobilwoche, citing statements by high-ranking company representatives on the sidelines of Webasto’s 125th anniversary celebration. The Stockdorf-based group intends to use the impending sale of its battery division to stabilise its financial position. Webasto had originally explored all options, including cooperation or a partial sale, it is said. However, the two interested parties with whom Webasto is currently in advanced negotiations are “both interested in a complete takeover,” Buchheim is quoted as saying.

As a reminder: nearly ten years ago, Webasto invested significant capital in future markets for battery systems and charging solutions. The supplier launched production of battery packs in Germany in 2019 – specifically at a plant in Schierling. Following this model, Webasto opened another battery assembly facility in Dangjin, South Korea, about three years later, and expanded it further in 2024. This was driven by ongoing orders from Hyundai-Kia for the supply of battery systems for several high-volume all-electric passenger car models. To this day, the Hyundai-Kia Group remains Webasto’s anchor customer in the battery business. In 2025, this division generated approx. €300 million in revenue.

In this context, Buchheim emphasises that while the battery business is attractive, it also requires significant investment.

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