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New Deal


Announced

Completed

BorgWarner completed the acquisition of the Electric Hybrid Systems business segment of Eldor for €75m.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Electrical Components

Acquisition

Cross Border

on-board chargers

high voltage boxes

Single Bidder

DC/DC converters

Italy

Majority

Private

Completed

Synopsis

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BorgWarner, an American automotive supplier, completed the acquisition of the Electric Hybrid Systems business segment of Eldor, a provider of automobile products, for €75m. "Eldor's technologies are a great complement to BorgWarner's ePropulsion portfolio, particularly as it relates to expanding in high-voltage power electronics beyond the inverter. As we continue with our Charging Forward M&A strategy, we look forward to welcoming Eldor's talented team to BorgWarner later this year," Frédéric Lissalde, BorgWarner President and CEO.

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