Remy International, Inc.

Company Profile

■URL

http://www.delcoremy.com/

■Address

600 Corporation Drive, Pendleton, IN 46064, USA

Business Overview

-The Company was a U.S.-based global market leader in the design, manufacture, re-manufacture, marketing and distribution of starter motors, alternators, multi-line products and hybrid electric motors for light and commercial vehicles for OE manufacturers and service (OEMs and OES) and the aftermarket.

-In November 2015, BorgWarner acquired the Company, making it a wholly owned subsidiary.

-In October 2016, BorgWarner agreed to divest the Company’s former light vehicle aftermarket business to Torque Capital for approximately USD 80 million. The transaction was completed in the fourth quarter of 2016.

Competitors

Shareholders

-The Company is a wholly owned subsidiary of BorgWarner.

Products

-Starter motors
-Alternators
-Electric motors for electric and hybrid applications

History

1918 The Company began operating as a division of GM as Delco Remy International, Inc.
1994 A group of private investors bought out the Company from GM.
2004 Delco Remy International, Inc. renamed as Remy International, Inc.
Oct. 2007 The Company and its subsidiaries filed Chapter 11 bankruptcy.
Dec. 2007 The Company emerged from Chapter 11 bankruptcy protection.
Dec. 2012 Listed on NASDAQ Stock Exchange.
Jun. 2013 Acquired remaining interest of Remy Hubei Electric Co. Ltd. joint venture.
2013 Closed plant in Mezokovesd, Hungary.
Jan. 2014 Acquired United Starters and Alternators Industries, Inc.
Aug. 2014 Announced to close manufacturing facilities in New York.
Mar. 2015 Acquired Maval Manufacturing, Inc.
Nov. 2015 The Company was acquired by BorgWarner, becoming a wholly owned subsidiary.
Oct. 2016 BorgWarner divested the light vehicle aftermarket business associated with the Company to Torque Capital for USD 80 million.

Supplemental Information 1