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In the first major acquisition in 2020, BergWarner acquired Delphi Technology for $3.3 billion.

2024-05-20 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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In 2020, the news of the consolidation of the automobile industry broke frequently. In order to maintain a leading position in the field of automobile drive systems, the American auto parts company BergWarner announced that it would buy Delphi Technology for $3.3 billion (about 22.9 billion yuan). The two sides have reached a final deal agreement.

BergWarner is an American parts manufacturer, and the integration of Delphi Technologies, a British auto parts manufacturer, is the company's largest acquisition to date, and the two can complement each other in business to become the world's leading powertrain company. Provide services to light and commercial vehicle manufacturers as well as the aftermarket. At the same time, the two sides also aim to expand their business into the growing electric and hybrid market.

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BergWarner said the deal would give the company many advantages to complement BergWarner's hybrid and electric vehicle powertrain products. On the one hand, it will help to expand the company's product portfolio, capability and scale in electrical and electronic products, and on the other hand, it will help consolidate its leading position in the field of electrical propulsion systems. and strengthen its position in internal combustion engines, commercial vehicles and aftermarket business. In the future, the combined company will launch a more comprehensive product portfolio covering internal combustion engines, hybrids and automotive electric systems.

According to a statement from Delphi Technology, the new combined company will provide customers with a complete set of integrated or independent electrical and electronic products (including high voltage converters, converters, car chargers and battery management systems) in the future. and other products.

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BergWarner, ranked 22nd in the 2018 Global Top 100 Auto parts list, is a traditional auto parts company specializing in turbochargers, exhaust gas recirculation valves, engine timing systems, transmissions, thermal management, electronic turbochargers, P2 hybrid modules, high-pressure PTC heaters, motors, battery packs, "three-in-one" electric drive systems, etc.

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Delphi Technology ranks 62nd in the 2018 Global Top 100 Auto parts list, mainly engaged in electric drive systems, including DC-DC converters, online chargers, battery management systems, software development and applications; also in the traditional fuel power system layout, business includes engine fuel injection system, carbon cans, electronic ECU and transmission controllers.

According to reports, BergWarner's sales will reach $10.168 billion in 2019 and Delphi's sales will reach $4.4 billion, which will reach $14.5 billion after the merger. Automakers and parts suppliers are speeding up to form alliances to cope with the highly competitive market environment, while cutting costs to form their own advantages, and the electrification trend has also become a catalyst for integration.

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