Arlington Industries Group, a leading manufacturer of quality metallic and non-metallic electrical fittings and connectors and a portfolio company of Cartesian Capital Group, acquired the thermostat business for BorgWarner, an American worldwide automotive industry components and parts supplier, for €24m. While the thermostat product technology has been continuously developed to meet market demands, it is not core to BorgWarner’s strong focus on propulsion systems for combustion, hybrid and electric vehicles. This transaction is limited to the thermostat business only and does not affect other BorgWarner products or technologies.