BorgWarner to acquire electric hybrid systems business

Becky Schultz Vice President of Content, Power Division

23 June 2023

eMobility solutions provider BorgWarner Inc. announced it has entered into a share purchase agreement to acquire the Electric Hybrid Systems (EHS) business segment of Eldor Corp. for 75 million euros ($81.7 million USD) at closing, with a potential additional amount due subject to an earn-out, the announcement stated.

Eldor’s EHS…

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