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Autoneum completes acquisition of Borgers Automotive for €117M · Endata

◂ Announcements

Apr 4, 2023ACQUISITION

Autoneum completes acquisition of Borgers Automotive for €117M

Autoneum has completed the acquisition of the automotive business of Borgers, effective April 1, 2023, for an enterprise value of €117 million. The acquisition expands Autoneum's global market leadership in sustainable acoustic and thermal management of vehicles.

Value

$127.0M (117.0M EUR)

Status

Completed

Productstextile acoustics protectioninsulationtrim for vehicleswheel arch linerstrunk linings

CompaniesAutoneum acquirer Borgers Automotive target

Sectors#Automotive Components

“Autoneum has completed the acquisition of the automotive business of Borgers, announced in January 2023, with effect from April 1, 2023, following receipt of all antitrust approvals.”nonwovens-industry.com

1 source
nonwovens-industry.comAutoneum Finalizes Acquisition of Borgers Automotive - Nonwovens IndustrySaveApr 4, 2023

Summarized from public sources; check the original articles before acting on it.

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Aug 28, 2024NEW FACILITYPune, Indiaops 28 Aug 2024
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Autoneum acquires automotive business of Borgers Group for EUR 117M
Autoneum acquirer Borgers Group target autoneum.com nonwovens-industry.com

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