Beru AG Renamed BorgWarner BERU Systems GmbH

Beru AG, the TPMS sensor and diesel coldstart specialist, has officially changed its name into the German equivalent of limited company (GmbH). The company now operates as “BorgWarner BERU Systems GmbH”. According to the company, the new name expresses the relationship to the US parent company, BorgWarner, while retaining the valuable Beru brand name.

“We are pleased that by taking this step, following several years of a strategic partnership with BorgWarner, Beru is now fully integrated into BorgWarner” stated Dr. Thomas Waldhier, hitherto chairman of the executive board of Beru AG and now president and general manager of BorgWarner BERU Systems GmbH. “The change of corporate form will not result in any significant changes. Like before, BorgWarner Beru Systems will be managed as an independent business unit within BorgWarner.”

BorgWarner became a majority shareholder of Beru AG at the beginning of 2005, acquiring an equity interest of nearly 70 per cent. The two automotive suppliers’ collaboration was intensified when BorgWarner ownership exceeded the 75 per cent threshold at the end of 2007, and the companies concluded a “domination and profit transfer” agreement in 2008. Full integration followed, and Beru’s stock-exchange listing was discontinued in 2009.