M&A Deal Summary |
|
|---|---|
| Date | 2011-02-01 |
| Target | Traction Systems |
| Sector | Automotive |
| Buyer(s) | BorgWarner |
| Sellers(s) | Haldex |
| Deal Type | Divestiture |
| Deal Value | 205M USD |
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| Category | Company |
|---|---|
| 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 | 4 of 17 |
| Sector (Automotive) | 4 of 9 |
| Type (Divestiture) | 1 of 4 |
| Country (Sweden) | 1 of 2 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 5 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-04-09 |
Dytech ENSA SL
Pontevedra, Spain Dytech ENSA SL, a producer of exhaust gas recirculation (EGR) coolers, EGR tubes, and integrated EGR modules including valves for automotive and commercial vehicle applications, both on- and off-road. With locations in Spain, Portugal and India, Dytech ENSA employs approximately 1,000 people and supplies customers such as Renault/Nissan, VW/Audi, Ford, Fiat, Navistar, GM, Daimler, PSA, Suzuki, Mahindra & Mahindra, TATA, Ashok Leyland, MAN, and IVECO. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-30 |
BorgWarner - Tire Pressure Monitoring
United States The tire pressure monitoring business was acquired in 2005 as a small piece of the BERU diesel cold start and ignition systems business. While the tire pressure monitoring product technology has been continuously developed and meets the upcoming strict European standards, |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1887 |
| Sector | Automotive |
| Employees | 2,003 |
| Revenue | 4.6B SEK (2021) |
Haldex is a provider of proprietary and innovative solutions to the global vehicle industry. Haldex focuses on products that enhance safety, environment and vehicle dynamics. Haldex was founded in 1887 and is based in Landskrona, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Sweden) | 1 of 1 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-02-22 |
Concentric
Birmingham, United Kingdom Concentric is a provider of oil, water and fuel pumps for medium and heavy duty diesel engines used in commercial applications, trucks and construction equipment and has a comprehensive customer base, including all the diesel engine manufacturers, such as Cummins, Caterpillar and Daimler. |
Buy | - |
