M&A Deal Summary

BorgWarner Acquires Cascadia Motion

On February 19, 2019, BorgWarner acquired automotive company Cascadia Motion

Acquisition Highlights
  • This is BorgWarner’s 7th transaction in the Automotive sector.
  • This is BorgWarner’s 3rd transaction in the United States.
  • This is BorgWarner’s 1st transaction in Oregon.

M&A Deal Summary

Date 2019-02-19
Target Cascadia Motion
Sector Automotive
Buyer(s) BorgWarner
Deal Type Add-on Acquisition

Target

Cascadia Motion

Wilsonville, Oregon, United States
website
Cascadia Motion LLC specializes in design, development, and production of hybrid and electric propulsion solutions for prototype and low-volume production applications.

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Buyer(S) 1

Buyer

BorgWarner

Auburn Hills, Michigan, United States

website


Category Company
Founded 1987
Sector Automotive
Employees52,700
Revenue 15.8B USD (2022)
DESCRIPTION
BorgWarner's corporate headquarters in Auburn Hills, Michigan.
BorgWarner's corporate headquarters in Auburn Hills, Michigan.

BorgWarner is a global supplier of highly engineered automotive systems and components primarily for powertrain applications. The Company's products help improve vehicle performance, fuel efficiency, stability and air quality. These products are manufactured and sold worldwide, primarily to original equipment manufacturers of light vehicles, vans and light trucks. The Company's products are also sold to other OEMs of commercial vehicles and off-highway vehicles. BorgWarner also manufactures and sells its products to certain Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is an original equipment supplier to every major automotive OEM in the world. BorgWarner was founded in 1987 and is based in Auburn Hills, Michigan.


DEAL STATS #
Overall 8 of 17
Sector (Automotive) 7 of 9
Type (Add-on Acquisition) 7 of 13
State (Oregon) 1 of 1
Country (United States) 3 of 5
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-17 Sevcon

Tyne and Wear, United Kingdom

Sevcon, Inc. is a provider of control and power solutions for zero-emission, electric and hybrid vehicles. Its products control on- and off-road vehicle speed and movement, integrate specialized functions, optimize energy consumption and help reduce air pollution. Sevcon's Bassi Division produces battery chargers for electric vehicles; power management and uninterrupted power source systems for industrial, medical and telecom applications; and electronic instrumentation for battery laboratories. The company supplies customers from its operations in the U.S., U.K., France, Germany, Italy, China and the Asia Pacific region, as well as through an international dealer network.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-03 Wahler

Esslingen, Germany

Gustav Wahler GmbH u. Co. KG is a producer of exhaust gas recirculation (EGR) valves, EGR tubes and thermostats. With locations in Germany, Brazil, the U.S., China and Slovakia, Wahler employs approximately 1,250 people and supplies customers such as Daimler, Volkswagen, BMW, GM and John Deere.

Sell -