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Benzinga
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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