BorgWarner completes acquisition of electric hybrid systems business

Becky Schultz Vice President of Content, Power Division

14 December 2023

BorgWarner announced it has completed the acquisition of the Electric Hybrid Systems (EHS) business segment of Eldor Corp. S.p.A. The companies had previously announced a Share Purchase Agreement in June 2023 for €75 million at closing with a potential additional amount due subject to an earnout.

Headquartered in Italy, Eldor’s…

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