# BorgWarner to acquire Santroll's light vehicle eMotor business

BorgWarner has signed an agreement to acquire Santroll Automotive Components, the eMotor business of Santroll, for up to ¥1.4 billion (approx. US$22 million). The acquisition is expected to close in late Q1 2022.

- Type: Acquisition
- Announced: 2022-02-15
- Where: Tianjin, China
- Value: $220.0M (1.40B CNY)
- Jobs: 400
- Status: announced
- Products: hairpin eMotors, concentrated-winding eMotors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BorgWarner](https://endata.com/companies/751.md) (acquirer)
- [Santroll Automotive Components](https://endata.com/companies/61043.md) (target)
- [Santroll Electric Auto](https://endata.com/companies/61044.md) (partner)

## Sources

- [borgwarner.com](https://www.borgwarner.com/newsroom/press-releases/2022/02/15/borgwarner-to-acquire-santroll-s-light-vehicle-emotor-business), 2022-02-15: "The eMotor remains an important element of BorgWarner’s electric vehicle growth strategy."
- [electrive.com](https://www.electrive.com/2022/02/16/borg-warner-sells-new-components-in-china-europe/), 2022-02-16: "The US supplier also announced that it will acquire Santroll Automotive Components in China."
- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5264749/borgwarner-to-acquire-chinas-santroll-automotive-components-for-over-usd220-million), 2022-03-14: "BorgWarner has signed an equity transfer agreement with China’s Santroll Electric Auto and Santroll Automotive Components to acquire Santroll Automotive Components for CNY1.4 billion (USD220.65 million)."
- [prnewswire.com](https://www.prnewswire.com/news-releases/borgwarner-completes-acquisition-of-santrolls-light-vehicle-emotor-business-301515578.html), 2022-04-01: "We are pleased to complete our acquisition of Santroll and welcome Santroll's talented employees in China to BorgWarner."

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