BorgWarner buys majority stake in Beru AG.

BorgWamer Inc., through one of its wholly owned German subsidiaries, has completed the purchase of approximately 62 percent of the outstanding shares of German-based Beru AG from its major shareholders, The Carlyle Group, and a group of family shareholders. The purchase was a cash transaction

Headquartered in Ludwigsburg, Germany, Beru AG is a global automotive supplier and manufacturer of diesel cold-start technology (glow plugs and instant starting systems); gasoline ignition technology (spark plugs and ignition coils); and electronic and sensor technology (tire pressure sensors, diesel cabin heaters and selected sensors). Beru's major customers include, among others, BMW, DCX, GM/Fiat, VW/Audi, Ford, Porsche, PSA, Renault, Isuzu, Siemens VDO, Valeo, Deutz and MAN.