Torque Capital, Investor Group Has Acquired the North American and European Light Vehicle Aftermarket Business of Remy, Inc. from BorgWarner Inc.

Torque Capital announced today that its investor group has completed the purchase of the North American and European light vehicle aftermarket business of Remy, Inc. ("Remy") from BorgWarner Inc. The business includes the North American light vehicle rotating electrical remanufacturing business, the North American power steering business (Maval Industries), and the European light and medium duty rotating electrical remanufacturing business.

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