BorgWarner to acquire Eldor Corporation’s Electric Hybrid Systems Business Segment
BorgWarner Inc. and Eldor Corporation S.p.A. have announced that they have entered into a Share Purchase Agreement under which BorgWarner has agreed to acquire the Electric Hybrid Systems (EHS) business segment of Eldor for €75 million at closing with a potential additional amount due subject to an earnout. Headquartered in Italy, Eldor’s EHS segment includes on-board chargers […]
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