BorgWarner to Buy Santroll Automotive Components
Posted on 02/21/2022
On February 15, 2022, BorgWarner Inc. signed an Equity Transfer Agreement (ETA) under which BorgWarner will acquire Santroll Automotive Components, a carve-out of Santroll’s eMotor business, for up to ¥1.4 billion, comprised of a closing payment of ¥1.1 billion and an earnout of up to ¥0.3 billion. The transaction will be funded primarily with existing […]
