Acquisitions COMPONENTS

PHINIA Completes Strategic Acquisition of SEM

PHINIA Inc., a global leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced the successful completion of its acquisition of Swedish Electromagnet Invest AB (publ). SEM is a century-old specialist in advanced ignition systems for natural gas, hydrogen, and other alternative fuels, as well as in injector stators and linear position sensors […]