BorgWarner sells Mississippi plant to Atar Capital as part of its Charging Forward strategy

Acquisition, divestment & Spinoff

Under its Charging Forward strategy, BorgWarner had set a target to dispose of USD3 billion to USD4 billion in annual revenues from its combustion portfolio by 2025

Michigan-based global supplier of powertrain technologies BorgWarner said on 5 January 2022 that the company has sold its Water Valley, Mississippi facility to Atar Capital.

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