BorgWarner to spin-off Fuel Systems and Aftermarket business into separate company

Acquisition, divestment & Spinoff

The move will allow the newly formed company to pursue growth opportunities in alternative fuels, such as hydrogen, and in the aftermarket

Michigan-based global supplier of powertrain technologies, BorgWarner, has announced its intention to execute a tax-free spin-off of its fuel systems and aftermarket segments into a separate, publicly traded company (“NewCo”), according to a press release dated 6 December.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload