UK > USA based BorgWarner is set to acquire UK based Sevcon for $200 million

Borgwarner logo Sevcon Inc., a global player in electrification technologies, has entered into an agreement to be acquired by USA based BorgWarner as it complements BorgWarner’s power electronics capabilities to provide electrified propulsion solutions. According to James Verrier, President and CEO of BorgWarner: “This acquisition supports our existing strategy to supply leading technology for all types of propulsion systems; combustion, hybrid and More …