BorgWarner acquires majority stake in Beru
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.
This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.
Press release from BorgWarner Auto