BorgWarner’s technology for hybrid commercial vehicles
26 January 2022
In June 2021 it was reported that shareholders at battery systems manufacturer Akasol, based in Darmstadt, Germany, had accepted the voluntary public takeover offer by ABBA BidCo, a subsidiary of vehicle systems specialist BorgWarner (BW). The initial deal would see BW take 89% of outstanding shares in the company, with the later goal of acquiring 100% of shares bringing the company into the BW fold.
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