BorgWarner Acquires Drivetek AG

Mike Brezonick

05 December 2022

BorgWarner Inc. announced that it has acquired Drivetek AG, a supplier of electrical technologies for automotive, transportation, industrial, energy and aviation sectors.

The transaction has an enterprise value of up to US$37 million, of which US$26.6 million was delivered at closing. An additional US$10.6 million could be paid in the…

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