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Solero Technologies Reaches Agreement to Acquire Kendrion’s Automotive Business

The acquisition would significantly expand product offerings, geographic footprint and customer base Rochester Hills, Michigan – Solero Technologies (Solero), with support from Atar Capital, announced today it has entered into an agreement to acquire Kendrion’s automotive business. Solero is a leading global supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules with … Read more

Solero Technologies CEO honored with education award

Northwood University recently honored the CEO of Solero Technologies and six other prominent supporters of educational initiatives and learning within the automotive aftermarket industry during its annual Automotive Aftermarket Management Education Awards luncheon in Las Vegas, Nevada. Dr. Donald R. James is responsible for driving Solero’s vision and strategic direction while ensuring long-term profitable growth. … Read more

Solero Technologies Celebrates 50 Years in Water Valley, Reaches Significant Safety Milestone 

WATER VALLEY, Mississippi – Solero Technologies, a leading global supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules, celebrated two major milestones at a community open house earlier this month.    The first milestone is the 50th anniversary of Solero’s Water Valley, Mississippi manufacturing facility, which produced its first parts in 1972. Since … Read more

Automotive Supplier, Solero Technologies, Plants Roots in Michigan with New Headquarters

Rochester Hills, Michigan – June 9, 2022 – Solero Technologies, a leading global supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules celebrated the grand opening of its new headquarters in Michigan on Thursday, June 2. The Solero team was joined by representatives from private investment firm Atar Capital; Oakland County, Michigan; … Read more

Solero Technologies Announces New Chief Executive Officer, Dr. Donald R. James

Dr. Donald R. James

Detroit, Michigan – March 15, 2022 – Solero Technologies, a leading global supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules, has hired Dr. Donald R. James as the company’s new CEO. Dr. James will oversee Solero Technologies’ sales and engineering center in Detroit, as well as manufacturing operations in Water Valley, … Read more

BorgWarner North American Controls, Recently Acquired by Atar Capital, Renamed Solero Technologies

Water Valley, Mississippi – Feb. 8, 2022 – BorgWarner’s North American Controls business, acquired by Atar Capital on December 31, 2021, has been renamed Solero Technologies, effective immediately. The business is a leading global supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules. The Water Valley, Mississippi manufacturing site, along with related … Read more

Atar Capital Completes Carve-Out Acquisition of BorgWarner’s North American Controls Business

LOS ANGELES — January 6, 2022 — Atar Capital, a Los Angeles-based global private investment firm, announced today it has completed the carve-out acquisition of BorgWarner’s North American Controls (BWNAC) business, a wholly owned and operated division of BorgWarner (NYSE: BWA). Headquartered in Detroit, Michigan, with manufacturing located in Water Valley, Mississippi, the business is … Read more