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Varroc acquires 45% stake in Forsee Power India

PRIVATEOct 16, 2026

Acquiring Company

Varroc

Acquired Company

Forsee Power

AurangabadIvry-sur-SeineManufacturingAutomotiveFleet ManagementAppliances, Electrical, and Electronics Manufacturing

Description

Varroc Engineering Limited has acquired a 45% equity stake in Forsee Power India Private Limited. The transaction, valued at up to €4.5 million, gives Varroc management and operational control over the joint venture focusing on electric vehicle battery solutions. Completion of the deal is subject to certain conditions and should be finalized by December 31, 2026.

Company Information

Company

Varroc

Location

Aurangabad, Maharashtra, India

About

Varroc Engineering is a leading global automotive component manufacturer. The company focuses on producing high-quality products that enhance the driving experience through innovation and technology. They are committed to sustainability and operational excellence.

Fundz sees it the moment Varroc makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Forsee Power?

Forsee Power was acquired by Varroc, based in Aurangabad. The deal was reported on October 16, 2026. Varroc Engineering is a leading global automotive component manufacturer. The company focuses on producing high-quality products that enhance the driving experience through innovation and technology. Varroc is privately held and operates in Manufacturing.

When did Varroc acquire Forsee Power?

Varroc's acquisition of Forsee Power was reported on October 16, 2026. Varroc Engineering Limited has acquired a 45% equity stake in Forsee Power India Private Limited. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Forsee Power do?

Forsee Power is an industrial group specializing in smart battery systems for sustainable electric transport (LEV, trucks, off highway vehicles, buses, trains, marine vessels). It is privately held, operating in Appliances, Electrical, and Electronics Manufacturing, and is based in Ivry-sur-Seine.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.