M&A Deal Summary |
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Date | 2019-02-19 |
Target | Cascadia Motion |
Sector | Automotive |
Buyer(s) | BorgWarner |
Deal Type | Add-on Acquisition |
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Category | Company |
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Founded | 1987 |
Sector | Automotive |
Employees | 39,900 |
Revenue | 14.2B USD (2023) |
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 |
DATE | TARGET | DEAL TYPE | VALUE |
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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 |
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 | - |