11/12/2022 0 Comments Delphi technologiesDauch, CEO of Delphi Technologies, said, “Together we plan to create a pioneering propulsion technologies company uniquely equipped to serve OEMs and aftermarket customers around the world. The registered office of Delphi-Tvs Technologies Limited is at 11-13, PATULLOS ROAD CHENNAI Chennai, Tamil Nadu. The Corporate Identification Number (CIN) of Delphi-Tvs Technologies Limited is U24117TN1952PLC005704. Delphi stockholders are expected to own the remaining 16 percent.īorgWarner and Delphi estimate they generated net sales of $10.17 billion and $4.36 billion respectively in 2019.įrédéric Lissalde, President and CEO of BorgWarner, said, “Delphi Technologies will bring proven leading power electronics technologies, talent, and scale that will complement our hybrid and electric vehicle propulsion offerings.” Delphi-Tvs Technologies Limited has nine directors - Tirumala Kumara Balaji, Ranganathan Vijayaraghavan, and others. BorgWarner stockholders are expected to own about 84 percent of the combined company. Michigan-based parts supplier BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi at about $3.3 billion. Posted Januby Dyllan Furness & filed under Newswire, The Tech. BorgWarner to acquire Delphi Technologies enhancing its power electronics products
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