Auburn Hills, Michigan--BorgWarner Inc. has announced that, through BorgWarner Germany GmbH, it holds a total of 69.42% of the outstanding shares of Beru AG after the completion of the additional tender offer period in Germany on February 10, 2005.
Headquartered in Ludwigsburg, Germany, Beru AG is a leading global automotive supplier and manufacturer of tyre pressure monitoring systems, as well as other electrical and electronic systems. Beru employs approximately 2,700 employees.
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Press release from BorgWarner Auto