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Electrical Systems & Components

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Mergers & Acquisitions

BorgWarner completes the acquisition of Elder’s Electric Hybrid Systems (EHS) division

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By Luke Willetts - 13th January 2024

USA / Italy – CV powertrain components giant, BorgWarner Inc of Auburn Hills, Michigan, USA, has announced it has finalised the acquisition of the Electric Hybrid Systems (EHS) business unit of Italian company, Eldor Corporation S.p.A. of Orsenigo, Province of Como, announced earlier this year. The EUR 75 million takeover of Eldor’s EHS segment, includes, on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes, all of which are expected to complement BorgWarner’s existing product portfolio.

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