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Benzinga

Business

Shivani Kumaresan

BorgWarner Acquires Santroll Automotive Components

BWA BorgWarner Inc NYSE

BorgWarner Inc (NYSE:BWA) has completed the acquisition of Santroll Automotive Components, a carve-out of Santroll's eMotor business. The financial details of the deal were not disclosed.
The company expects the acquisition to strengthen its vertical integration, scale, and portfolio breadth in light vehicle e-motors.
Santroll designs and manufactures hairpin and concentrated-winding technology eMotors for use in light vehicles.
Price Action: BWA shares closed lower by 1.82% at $38.90 on Thursday.

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