On the Record · Borgwarner
Borgwarner acquisitions, on the record
The businesses Borgwarner bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
electric hybrid systems business segment of Eldor CorporationWord for word“On December 1, 2023, the Company completed its acquisition of the electric hybrid systems business segment of Eldor Corporation (“Eldor”), which is headquartered in Italy.” 10-K for 2024 | acquisition | On December 1, 2023 | — |
electric vehicle solution, smart grid and smart energy businesses of Hubei Surpass Sun ElectricWord for word“On March 1, 2023, the Company completed its acquisition of 100 % of the electric vehicle solution, smart grid and smart energy businesses (“SSE”) of Hubei Surpass Sun Electric, pursuant to an Equity Transfer Agreement.” 10-K for 2024 | acquisition | On March 1, 2023 | — |
electric vehicle solution, smart grid and smart energy businesses ("SSE") of Hubei Surpass Sun ElectricWord for word“On March 1, 2023, the Company completed its acquisition of 100 % of the electric vehicle solution, smart grid and smart energy businesses (“SSE”) of Hubei Surpass Sun Electric, pursuant to an Equity Transfer Agreement.” 10-K for 2025 | acquisition | On March 1, 2023 | — |
Drivetek AGWord for word“Drivetek AG On December 1, 2022, the Company completed its acquisition of 100 % of Drivetek AG (“Drivetek”), an engineering and product development company located in Switzerland.” 10-K for 2025 | acquisition | On December 1, 2022 | — |
SSE businessWord for word“The SSE business sale closed in the second quarter of 2025 with proceeds totaling approximately $ 7 million.” 10-K for 2025 | divestiture | second quarter of 2025 | approximately $ 7 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | — | — |
| 2017-12-31 | $186 million | — | — |
| 2018-12-31 | $0 | — | — |
| 2019-12-31 | $10 million | — | — |
| 2020-12-31 | $449 million | $0 | $710 million |
| 2021-12-31 | $759 million | $22 million | $707 million |
| 2022-12-31 | $312 million | $27 million | $258 million |
| 2023-12-31 | $109 million | $9 million | $22 million |
| 2024-12-31 | $0 | $8 million | — |
| 2025-12-31 | $0 | $7 million | — |
Deal filings since 2016
- 2024-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-11-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Borgwarner’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.