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Post Tagged with: "acquisition"

MSSL announces acquisition of Wiring Harness Business of Stoneridge Inc.

MSSL announces acquisition of Wiring Harness Business of Stoneridge Inc.

Motherson Sumi Systems Limited (MSSL) has signed an agreement to acquire the Wiring harness business of Stoneridge Inc. through asset purchase at transaction value of US $ 65.7 million. This acquisition is expected to close in the third quarter of 2014, subject to customary closing conditions. The acquired business has a turnover of approx. USD 300 Million. The transaction includes[Read More…]

by — May 28, 2014 — Finance, Newscast, Web Exclusive
BorgWarner completes acquisition of Gustav Wahlet GmbH

BorgWarner completes acquisition of Gustav Wahlet GmbH

Global powertrain supplier BorgWarner finalised its acquisition of Gustav Wahler GmbH & Co. KG. The company will maintain the Wahler name as a product brand in the aftermarket. A producer of exhaust gas recirculation (EGR) valves and tubes as well as engine thermostats for both on- and off-road applications, Wahler’s customers include leading automotive manufacturers from around the world. “The[Read More…]

by — April 2, 2014 — International, Newscast, Web Exclusive
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