Clearwater International advises BorgWarner on sale of BERU Electronics to Huf Electronics

Clearwater Advisor

Clearwater International acted as sole financial adviser to BorgWarner Inc. on selling BERU Electronics GmbH to Huf Electronics, a wholly-owned subsidiary of Huf Hülsbeck & Fürst GmbH & Co. KG.

Located in Bretten, Germany, BERU Electronics is one of only five globally acknowledged producers of OE-level direct tire pressure monitoring systems (“TPMS”) for both automotive and commercial vehicle applications. BERU Electronics is a leader in the development, design and manufacture of TPMS, serving leading vehicle manufacturers including BMW, Volkswagen, Porsche and Daimler Truck.

Clearwater International, led by partner Tobias Schätzmüller, advised BorgWarner