Autoneum, a global leader in the automotive industry, has completed the acquisition of Borgers Automotive. This strategic move enhances Autoneum’s market position in acoustic and thermal management solutions for vehicles. The acquisition expands its product range and presents opportunities for growth, both within and beyond Europe.
The acquisition of Borgers Automotive, a long-established German company, presents exciting opportunities for Autoneum to enhance its sustainable product portfolio. The strategic alignment of their product ranges, particularly in wheel arch liner, trunk lining, and the truck business, opens up new avenues for profitable growth outside of Europe.
Moreover, Borgers’ extensive experience of over 150 years in recycling textile materials perfectly aligns with Autoneum’s commitment to sustainability and circularity. By leveraging this expertise, Autoneum aims to further develop technologies and processes that advance sustainable practices in the automotive industry.
Eelco Spoelder, CEO of Autoneum, expressed his enthusiasm for the future as Autoneum gradually integrates Borgers Automotive into its organization. Both companies are renowned suppliers valued by automotive manufacturers worldwide for their quality. The continuous supply of high-quality products to customers remains a top priority throughout the ongoing integration process.
As part of the acquisition, the former Borgers sites in Germany will now be integrated into Autoneum Germany GmbH. Additionally, Autoneum will gradually rename its other subsidiaries worldwide to unify its global presence under the Autoneum brand.
This acquisition marks a significant strategic milestone for Autoneum, positioning them as a key player in sustainable solutions for the automotive industry. Together with Borgers Automotive, Autoneum is committed to driving innovation, delivering high-quality products, and shaping a greener future for the sector.