BorgWarner completes acquisition of Santroll eMotor Business

BorgWarner has announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business

By Admin

BorgWarner has announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business. After investing in Qnovo and Akasol, this acquisition is expected to strengthen BorgWarner’s vertical integration, scale, and portfolio breadth in light vehicle eMotors 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. 

Highlights

Related articles

Rehlko Got the Record

Rehlko set the fastest time to mow the area of an American football field completed in 14 minutes, 51 seconds

JCB is Aiming for a Repeat of its Record

JCB is targeting a new land speed record with a 32-foot car powered by its own hydrogen engines. The Staffordshire-based manufacturer has spent five years developing hydrogen internal combustion engines as part of a £100 million investment. JCB diggers powered by the technology have just started rol...

Deutz Annual General Meeting

At the annual general meeting of Deutz AG the Board of Management and Supervisory Board policy has been approved. Increased dividend of €0.18 per share approved Full team of Board of Management members again: Supervisory Board appoints Katharina Krüger as Chief Transformation Officer. A new brand de...