ACQUISITIONS

BORGWARNER TO BUY DELPHI TECHNOLOGIES

With the ink now dry on a huge contract, Borgwarner will acquire Delphi Technologies via an all-stock transaction that values Delphi Technologies at just under $3.3 billion. Combining both companies will strengthen Borgwarner’s power electronics products, its scale and capability, affording it the ability to become a leader in electrified propulsion systems in the future. The deal is also believed to have been made to enhance Borgwarner’s combustion, commercial vehicle, and aftermarket business as well. In fiscal year 2019, it’s estimated that the two companies generated $10.17 billion and

$4.36 billion worth in net sales.