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BorgWarner to acquire Eldor Corporation’s Electric Hybrid Systems business segment for EUR 75 million
BorgWarner Inc. (BorgWarner) announced that it has signed a share purchase agreement to acquire the Eldor Corporation S.p.A. (Eldor)’s Electric Hybrid Systems (EHS) business segment for EUR 75 million, with transition expected to close in Q3 of 2023. Headquartered in Italy, Eldor’s EHS segment includes on-board charg....
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