Borg Instruments / Auto Electronics
Johnson Controls acquires Borg Instruments
July 23, 2003 (PD: 201607)
Johnson Controls’ acquisition of Borg Instruments added high-end instrument clusters such as this one to the company’s line of automotive interior products
On July 23, 2003, Johnson Controls announced that it had completed its acquisition of Borg Instruments AG, a privately-held automotive electronics company headquartered in Remchingen, Germany. Johnson paid 117.5 million Euro for Borg, in a move to strengthen the company’s interior electronics capabilities as well as its technological presence in Europe.
Borg manufactured high-end instrument clusters, reconfigurable and other information displays, center stack display modules, and the “Quo Vadis” navigation system.
Its major customers included BMW, DaimlerChrysler, PSA Peugeot Citroen, General Motors/Opel, Volkswagen Group, and Ford/PAG.
Borg had 2002 sales of 55 million Euro, with an expected sales growth of 35% per year through 2006. The company employed 400 workers at two manufacturing plants in Remchingen and St. Georgen, Germany.
