# Schouw & Co. acquires majority stake in Borg Automotive

Schouw & Co. entered into an agreement to acquire 85% of Borg Automotive, a Danish remanufacturer of auto parts, for an enterprise value of about DKK 1.15 billion.

- Type: Acquisition
- Announced: 2017-03-20
- Where: Silkeborg, Denmark, Denmark
- Value: $170.0M (1.15B DKK)
- Status: announced
- Products: remanufactured starters, generators, brake calipers, air-condition compressors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BORG Automotive](https://endata.com/companies/4082.md) (target)
- [Schouw & Co.](https://endata.com/companies/4083.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/03/20/942166/0/en/schouw-co-acquires-the-majority-of-shares-in-borg-automotive.html), 2017-03-20: "Today Schouw & Co. has entered into an agreement on the acquisition of the Danish industrial company Borg Automotive in Silkeborg, Denmark."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.