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Mergers & Acquisitions

The acquisition terms include the Sanand site’s entire land and buildings, the vehicle manufacturing plant with machinery and equipment, and transfer of all eligible FIPL employees at the Sanand manufacturing operations, which reports a capacity of 300,000 units per year, scalable to 420,000 units annually.

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BorgWarner Acquires Rhombus Energy Solutions

BorgWarner has over 130 years’ experience in the field of powertrain systems and today develops “sustainable mobility solutions” providing clean propulsion and efficient technology for light-, medium- and heavy-duty vehicles, as well as off-highway applications.”

ALD CEO Discusses MoU to Acquire LeasePlan

ALD Automotive Group CEO Tim Albertsen discusses the Memorandum of Understanding to acquire Leaseplan, which, when consummated, will create the world's largest fleet management and mobility services company.

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