Simi Valley's AeroVironment sells energy segment to Webasto

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Simi Valley’s AeroVironment sells energy segment to Webasto

By Staff Report / Tuesday, June 5th, 2018 / Comments Off on Simi Valley’s AeroVironment sells energy segment to Webasto

Simi Valley unmanned aerial systems maker AeroVironment announced a $35 million deal June 4 to sell its Efficient Energy Systems business segment to German auto accessory company Webasto. The deal concludes a lengthy search that identified multiple potential acquirers, AeroVironment CEO Wahid Nawabi said in a joint news release with Webasto. “We found Webasto’s e-mobility…

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