On the Record · Phinia
Phinia acquisitions, on the record
The businesses Phinia 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 |
|---|---|---|---|
Delphi TechnologiesWord for word“A number of our manufacturing facilities were acquired prior to the completion of the Spin-Off, and as a result, we may incur material costs and liabilities relating to activities that predate our ownership or the ownership of BorgWarner.” 10-K for 2023 | acquisition | — | — |
Delphi-TVS Diesel Systems Ltd (D-TVS)Word for word“The Company has an investment in one unconsolidated joint venture which was acquired as part of the acquisition of Delphi Technologies on October 1, 2020: Delphi-TVS Diesel Systems Ltd (D-TVS), of which the Company owns 52.5 %.” 10-K for 2023 | acquisition | October 1, 2020 | — |
Swedish Electromagnet Invest AB (SEM)Word for word“On August 1, 2025, the Company acquired 100% of Swedish Electromagnet Invest AB (SEM) for $47 million, comprised of $15 million of cash paid and $32 million cash used to extinguish debt assumed through the acquisition.” 10-K for 2025 | acquisition | On August 1, 2025 | $47 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2023-12-31 | $0 |
| 2024-12-31 | $0 |
| 2025-12-31 | $9 million |
Deal filings since 2016
- 2025-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Phinia’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 2026-02-12. 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.