--- title: "Westport Fuel Systems Sells Italian Subsidiary to Green Day Holding" description: "Westport Fuel Systems has sold its Italian subsidiary, Westport Fuel Systems Italia S.r.l., to Green Day Holding B.V. as part of a strategic move to streamline operations and focus on core business ar" type: "news" locale: "en" url: "https://longbridge.com/en/news/235471716.md" published_at: "2025-04-10T16:17:56.000Z" --- # Westport Fuel Systems Sells Italian Subsidiary to Green Day Holding > Westport Fuel Systems has sold its Italian subsidiary, Westport Fuel Systems Italia S.r.l., to Green Day Holding B.V. as part of a strategic move to streamline operations and focus on core business areas. This transaction, effective March 30, 2025, is expected to impact the company's market positioning. Despite efforts to improve margins, Westport faces challenges such as declining revenue and liquidity concerns, with a current market cap of $50M and a year-to-date price performance of -24.22%. Westport Fuel Systems ( (TSE:WPRT) ) just unveiled an update. On March 30, 2025, Westport Fuel Systems Inc. entered into a sale and purchase agreement with Green Day Holding B.V. for the sale of its entire corporate capital in Westport Fuel Systems Italia S.r.l. This transaction, which includes a carve-out and is guaranteed by Westport Fuel Systems Inc., aims to streamline operations and potentially enhance the company’s focus on its core business areas. The agreement reflects Westport’s strategic move to optimize its portfolio and could have significant implications for its market positioning and stakeholder interests. **Spark’s Take on TSE:WPRT Stock** According to Spark, TipRanks’ AI Analyst, TSE:WPRT is a Neutral. Westport Fuel Systems is making progress in improving margins and reducing losses, but faces significant challenges including declining revenue and liquidity concerns. Technical indicators suggest a bearish trend, and valuation metrics reflect the company’s lack of profitability. Strategic shifts, such as the divestment of the light-duty business, aim to strengthen the company, but substantial risks remain. To see Spark’s full report on TSE:WPRT stock, click here. **More about Westport Fuel Systems** Westport Fuel Systems Inc. operates in the clean energy industry, focusing on the development and manufacturing of advanced fuel delivery components and systems for low-carbon fuels such as LPG, CNG, RNG, and hydrogen. The company serves the global light and medium-duty transportation markets. **YTD Price Performance:** -24.22% **Average Trading Volume:** 41,587 **Technical Sentiment Signal:** Strong Buy **Current Market Cap:** $50M Learn more about WPRT stock on TipRanks’ Stock Analysis page. ## Trending Articles: - Alphabet’s Cloud Next Event Impresses This Top Analyst - Microsoft Stock: A Period of Uncertainty Ahead, Says Daniel Ives - 3 Penny Stocks to Watch Now, 4/10/25 Disclaimer & DisclosureReport an Issue ### Related Stocks - [WPRT.US - WestPort Fuel](https://longbridge.com/en/quote/WPRT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Westport erhält 6,5 Millionen US-Dollar aus Light-Duty-Verkauf | Westport Fuel Systems Inc. has received a milestone payment of $6.5 million (5.5 million euros) as part of the previousl | [Link](https://longbridge.com/en/news/274802430.md) | | Westwell lands 60 electric truck order from Westports Malaysia | Westwell, a Chinese e-mobility specialist, has secured a significant order for 60 battery-electric terminal trucks from | [Link](https://longbridge.com/en/news/274531043.md) | | Westport Fuel Systems Unveils Strategy to Lead Heavy-Duty Transportation Decarbonization with Alternative Fuel Technologies | Westport Fuel Systems Inc. has unveiled a new strategy focusing on heavy-duty transportation decarbonization through alt | [Link](https://longbridge.com/en/news/265277051.md) | | Westport Fuel Systems Brief: Q3 Net loss from continuing operations of US$10.4 Million | Westport Fuel Systems Brief: Q3 Net loss from continuing operations of US$10.4 Million | [Link](https://longbridge.com/en/news/265225516.md) | | Westport Fuel Systems Strengthens Ties with Volvo Through Strategic Agreements | Westport Fuel Systems has announced strategic agreements with Volvo, including a Unanimous Shareholders Agreement and an | [Link](https://longbridge.com/en/news/266988506.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.