Solero Technologies, former BorgWarner controls unit, expands into Europe, EVs with acquisition

πŸ“’ Solero Technologies, formerly BorgWarner’s controls unit, accelerates expansion into Europe and electric vehicles with acquisition of Kendrion’s automotive business! πŸ’₯πŸš€ #automotiveindustry #EVs #growth

The acquisition of Kendrion’s automotive business will double the company’s annual revenue to about $500 million and open up new markets for the supplier.

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