Bain Capital is set to acquire a majority stake in Volkswagen’s marine‑engine business, Everllence, in a transaction valued at roughly €8.5 billion. The deal, reported by the Financial Times and based on sources familiar with the matter, concludes a protracted sale process by the German automaker. Bain prevailed over competing bids from private‑equity firms CVC and EQT to secure the acquisition. Under the agreed terms, Volkswagen will retain a 49 % equity interest in Everllence, allowing the group to continue benefiting from the unit while pursuing its broader strategy to reduce costs, lower debt levels, and streamline its extensive portfolio. The acquisition reflects Bain’s continued interest in expanding its industrial and marine‑engine assets and marks a significant divestment step for Volkswagen.