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

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.