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News Breaks
November 5, 2012
08:12 EDTFDMLFederal-Mogul: exclusive independent aftermarket distributor of BERU products
Federal-Mogul announced a further action in the company's strategy to strengthen its global ignition market leadership. Following Federal-Mogul's Oct. 1 acquisition of the BERU spark plug business, the company today announced that it has entered into an additional agreement with BorgWarner BERU Systems GmbH to serve as the exclusive global independent aftermarket distributor of the remaining BERU ignition products. Federal-Mogul will also become the exclusive licensee of the BERU brand name for sale of ignition products in the aftermarket. The transaction is pending customary closing conditions including approval of competition authorities.
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