American powertrain supplier BorgWarner buys German firm Gustav Wahler
BorgWarner, an international powertrain supplier, has acquired German firm Gustav Wahler GmbH & Co KG, according to Sauk Valley. The value of the purchase was not disclosed in the said report.
Under the terms of the acquisition deal, Wahler will be able to add EGR valves, coolers, and tube technologies to BorWarner's portfolio of products. In addition, the latter will still use the brand name Wahler for its products, the report detailed.
A post on Wahler's corporate website quotes BorgWarner president James Verrier saying: "From both a technology and geography standpoint, this acquisition is an excellent strategic fit. The acquisition strengthens BorgWarner's strategic position as a producer of complete EGR systems and creates additional market opportunities in both passenger and commercial vehicle applications."
Wahler's thermostat technology optimizes engine temperatures to improve fuel economy and emissions produced. BorgWarner, on the other hand, supplies highly engineered powertrain components throughout the world. Audi, Ford, Renault/Nissan, General Motors, and Toyota are among its most prominent customers, Wahler's post said.