Versigent Debuts as Independent NYSE-Listed Company
ECONOMY & POLICY

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.

The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.

Versigent reported revenues of $8.8 billion, net income of $528 million and adjusted EBITDA of $893 million for 2025, reflecting a strong financial foundation. The company aims to leverage its global scale, engineering expertise and advanced manufacturing capabilities to meet rising demand for efficient and reliable power solutions.

As an independent entity, Versigent plans to focus on operational excellence, innovation and disciplined capital allocation to drive long-term value creation. It expects steady revenue growth and aims to achieve $1 billion in free cash flow by 2028.

The separation was executed through a tax-free spin-off, with Aptiv shareholders receiving one Versigent share for every three Aptiv shares held. The company is scheduled to announce its first quarterly results in May 2026.

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net income of $528 million and adjusted EBITDA of $893 million for 2025, reflecting a strong financial foundation. The company aims to leverage its global scale, engineering expertise and advanced manufacturing capabilities to meet rising demand for efficient and reliable power solutions.As an independent entity, Versigent plans to focus on operational excellence, innovation and disciplined capital allocation to drive long-term value creation. It expects steady revenue growth and aims to achieve $1 billion in free cash flow by 2028.The separation was executed through a tax-free spin-off, with Aptiv shareholders receiving one Versigent share for every three Aptiv shares held. The company is scheduled to announce its first quarterly results in May 2026.

Next Story
Resources

Origen Realty appoints Poulomi Ray as CMO

Origen Realty has appointed Poulomi Ray as Chief Marketing Officer, strengthening its leadership team as it advances its growth and brand strategy. Poulomi Ray brings nearly two decades of experience in brand building and marketing across real estate and hospitality sectors, with prior roles at Signature Global, DLF Limited, Paras Buildtech, MGM International and Hilton. In her new role, she will lead marketing and brand direction at Origen Realty, focusing on visibility, differentiation and market engagement as the company progresses its integrated development plans in Gurugram. Commenting..

Next Story
Building Material

Haver & Boecker Niagara to showcase solutions at Hillhead

Haver & Boecker Niagara will showcase its mineral processing technologies at Hillhead 2026, scheduled from June 23–25 in Buxton, UK.At Stand PA3, the company will present its end-to-end solutions including screeners, screen media and advanced diagnostics, with a focus on improving efficiency, uptime and throughput for aggregates producers.Highlighting its screen media portfolio, the company will feature Ty-Wire media with hybrid design offering up to 80 per cent more open area, alongside FLEX-MAT® solutions designed to enhance wear life and throughput while reducing blinding and cloggin..

Next Story
Real Estate

CREDAI-MCHI meets Maharashtra Revenue Minister on issues

Navin’s, a Chennai-based real estate developer, has won the 17th CIDC Vishwakarma Award 2026 for its residential project Navin’s Hanging Gardens located on Arcot Road, Valasaravakkam. The award was presented by the Construction Industry Development Council (CIDC) under the category of Best Construction Projects, recognising the development’s achievement in innovation, design excellence and sustainability.The award was received by Chandrasekar PN, General Manager, Technical, Navin’s, at the ceremony held in New Delhi.Inspired by the legendary Hanging Gardens of Babylon, the project has ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement