Haldex Traction Systems has been acquired by Borg Warner
Michigan based Borg Warner has acquired Haldex Traction Systems who is a leader in all wheel drive applications. Haldex Traction Systems is one division of Haldex but the most well known for producing the all wheel drive systems for the A3, S3, and Audi TT. It is interesting to note that the Audi Q7 uses a Borg Warner 4WD system so it appears Borg Warner wishes to expand their AWD offerings especially to the Audi group. The deal was completed for $205 million dollars.