- Expected to strengthen electric propulsion systems
leadership
- Complementary, market leading vertical integration
capabilities
AUBURN
HILLS, Mich., April 1,
2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA)
today announced that it has completed its acquisition of Santroll
Automotive Components, a carve-out of Santroll's eMotor business.
The acquisition is expected to strengthen BorgWarner's vertical
integration, scale, and portfolio breadth in light vehicle e-motors
while allowing for increased speed to market.
"We are pleased to complete our acquisition of Santroll and
welcome Santroll's talented employees in China to BorgWarner," said Frédéric Lissalde,
President and CEO, BorgWarner.
Based in Tianjin, China,
Santroll designs and manufactures hairpin and concentrated-winding
technology eMotors for use in light vehicles. Santroll supplies its
patented technology to the Chinese OEM market. With nearly 400
full-time employees, Santroll brings manufacturing equipment design
capabilities and proven automation expertise that have allowed it
to secure business relationships with many leading customers in
China.
About BorgWarner
For more than 130 years, BorgWarner
has been a transformative global product leader bringing successful
mobility innovation to market. Today, we're accelerating the
world's transition to eMobility — to help build a cleaner,
healthier, safer future for all.
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SOURCE BorgWarner