M&A Deal Summary |
|
|---|---|
| Date | 2022-12-02 |
| Target | Drivetek |
| Sector | Electrical Equipment |
| Buyer(s) | BorgWarner |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Automotive |
| Employees | 38,300 |
| Revenue | 14.1B USD (2024) |
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. BorgWarner was founded in 1987 and is based in Auburn Hills, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 17 |
| Sector: Electrical Equipment M&A | 5 of 6 |
| Type: Add-on Acquisition M&A Deals | 13 of 13 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2022 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-20 |
SSE - Electric Vehicle Solution Smart Grid and Smart Energy Businesses
Xiangyang, China SSE's Electric Vehicle Solution, Smart Grid and Smart Energy Businesses supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. |
Buy | CN¥410M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-19 |
Eldor - Electric Hybrid Systems
Orsenigo, Italy Eldor's EHS segment includes on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes, all of which are expected to complement BorgWarner's existing product portfolio. |
Buy | €75M |
