# 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.

- Type: Acquisition
- Announced: 2023-04-04
- Value: $127.0M (117.0M EUR)
- Status: completed
- Products: textile acoustics protection, insulation, trim for vehicles, wheel arch liners, trunk linings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Autoneum](https://endata.com/companies/15064.md) (acquirer)
- [Borgers Automotive](https://endata.com/companies/69523.md) (target)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/autoneum-finalizes-acquisition-of-borgers-automotive/), 2023-04-04: "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."

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