BorgWarner Systems Lugo Acquires Electro System
Deal News | Jun 17, 2025 | Finance Community IT - 3 Private Equity
BorgWarner Systems Lugo, under the control of Ibla Capital via its Ibla Industries II fund, has successfully acquired Electro System. BorgWarner Systems Lugo specializes in producing chargers for industrial vehicles and converters. Electro System, a company involved in designing, developing, and manufacturing complex electronic boards and wiring, also assembles electronic equipment for sectors such as railway, biomedical, energy, and automation. The selling entity, German holding FairCap, has facilitated this transaction. Ibla Capital, a private equity firm specialized in turnaround investments and founded by Alessandro Lo Savio, anticipates that the synergy between BorgWarner Systems Lugo and Electro System will yield significant advantages both in productivity and in enhancing competitiveness in international markets.
Sectors
- Private Equity
- Automotive
- Electronics Manufacturing
- Industrial Automation
- Energy
Geography
- Italy – BorgWarner Systems Lugo, part of the Italian company under Ibla Capital, plays a primary role in the transaction.
- Germany – FairCap, the German holding company, is the selling entity in this deal.
Industry
- Private Equity – Ibla Capital, a private equity firm, is central to the acquisition, highlighting its role in investment and turnaround strategies.
- Automotive – BorgWarner Systems Lugo is involved in producing chargers for industrial vehicles, indicating automotive industry relevance.
- Electronics Manufacturing – Electro System operates in designing and assembling electronic systems, making this a crucial sector for the transaction.
- Industrial Automation – Given Electro System's involvement in automation systems, the industrial automation sector is pertinent.
- Energy – Electro System provides products for the energy sector, establishing a link to this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BorgWarner Systems Lugo | Buyer | Company | Produces chargers for industrial vehicles and converters, controlled by Ibla Capital. |
| Electro System | Target company | Company | Designs and assembles complex electronic systems for various sectors. |
| Ibla Capital | Private Equity Firm | Company | Private equity firm specializing in turnaround investments. |
| FairCap | Seller | Company | German holding company that sold Electro System. |
| Alessandro Lo Savio | Founder of Ibla Capital | Person | Founder of Ibla Capital, specializing in turnaround investments. |