Name

BORG Automotive Reman

Legal name

BORG Automotive A/S

Website

https://borgautomotive-reman.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Automotive Parts Remanufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Wholesale-Motor Vehicle Supplies & New Parts (5013), Electronic Components, Nec (3679)

akta.pro primary industry

Starter, Alternator & Motor/Generator Rebuild/Remanufacturing (TLAKALAM)

akta.pro secondary industries

Powertrain Electronics & Controls Remanufacturing (ECUs/TCUs, Mechatronics) (TLAKALAJ), Cooling, Lubrication & Air Induction Component Rebuild/Remanufacturing (Oil pumps, water pumps, EGR) (TLAKALAK), Aftermarket Exhaust & Emissions Components Manufacturing (Mufflers/Catalysts/DPF/EGR) (IMACANAE)

Keywords

• Automotive parts remanufacturing
• Remanufactured starters alternators
• Brake caliper remanufacturing
• Automotive aftermarket parts
• Turbocharger remanufacturing

Headquarters

HQ city

Silkeborg

HQ country

Denmark

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Remanufactured Automotive Parts Sales: Sale of remanufactured automotive parts (starters, alternators, AC compressors, brake calipers, EGR valves, steering racks, steering pumps, turbochargers) to European aftermarket distributors and workshops. Products are sold with a core deposit system where customers return the old core for a refund.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

BORG Automotive Reman remanufactures automotive parts using a 6-step industrial process (disassembly, cleaning, inspection, reconditioning, reassembly, and 100% performance testing) applied to Original Equipment (OE) cores. The company produces eight product groups — starters, alternators, AC compressors, brake calipers, EGR valves, steering racks, steering pumps, and turbochargers — sold under the DRI, Elstock, Lucas, and TMI brands to distributors and workshops across the European independent automotive aftermarket. A core deposit/exchange system allows customers to return used cores for a refund.

Differentiator

Problem solved

Functional benefit

Brands

• Elstock: Leading provider of OE-quality remanufactured automotive parts in Europe since 1975. With over 50 years of experience, focused on quality and customer service.
• DRI
• Lucas
• TMI

Products and services

• Remanufactured Starters OE-core remanufactured starters for passenger cars and light commercial vehicles, offering 94%+ car parc coverage and 77% CO2eq savings vs. new production. Sold to European aftermarket distributors and workshops under the DRI, Elstock, Lucas and TMI brands.
• Remanufactured Alternators Remanufactured alternators built from OE cores with 100% end-of-line testing, providing 92% car parc coverage and an average 82% CO2eq reduction versus newly manufactured alternators.
• Remanufactured AC Compressors Remanufactured air-conditioning compressors, including electric AC compressors with embedded electronics (LIN, CAN, FlexRay). Coverage of 96%+ of the European car parc and 76% CO2eq savings vs. new production.
• Remanufactured Brake Calipers Remanufactured brake calipers built from OE cores for the European car parc, with all wear parts (pistons, seals, guide sleeves) replaced. Offers 97% car parc coverage and 56% CO2eq savings versus newly produced calipers.
• Remanufactured EGR Valves Remanufactured Exhaust Gas Recirculation (EGR) valves for passenger vehicles, providing 96%+ car parc coverage and 57% CO2eq savings compared to newly produced units.
• Remanufactured Steering Racks Remanufactured steering racks, including electric power-steering racks with embedded electronics, for European passenger vehicles. Delivers 78% CO2eq savings vs. new production.
• Remanufactured Steering Pumps Remanufactured steering pumps built from OE cores, tested to OE specifications, providing 22% CO2eq savings compared to newly produced pumps.
• Remanufactured Turbochargers Remanufactured turbochargers, including electronically actuated units, produced under the TMI and Lucas brands. Provides 32% CO2eq savings compared to newly manufactured turbochargers.

Quantifiable outcome

• 60% less CO2eq emissions on average compared to newly manufactured products
• +5 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Linköping UniversitycoreStrategic or Co-development PartnerAcademic partnership for conducting Life Cycle Assessments (LCAs) of all 8 product groups. Linköping University prepared LCAs based on ISO 14040 and 14044 standards, providing the scientific foundation for environmental benefit claims.
• SustainXcoreStrategic or Co-development PartnerIndependent third-party reviewer of LCAs including methodology, data and interpretations. Provided critical review ensuring LCA statement approval.
• rEUman ConsortiumminorStrategic or Co-development PartnerEU research project consortium with 19 partners including BORG Automotive Reman, contributing to research on remanufacturing and circular economy.
• Reman ChallengeminorStrategic or Co-development PartnerAcademic competition organized by BORG Automotive where engineering students from across Europe research future challenges for the remanufacturing industry.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• BBB Industries: US-headquartered independent remanufacturer of starters, alternators, brake calipers, steering racks and turbochargers; closest direct peer in scope of product groups and channels.
• Cardone Industries: US-based independent remanufacturer of automotive replacement parts including starters, alternators, brake calipers and steering components; direct peer in core product overlap and channel model.
• WAI Global: Global aftermarket supplier of rotating electrics, ignition and automotive electronics; directly comparable as an independent starter/alternator-focused reman supplier.
• Turbo Technics: Independent specialist remanufacturer of turbochargers in Europe; directly comparable to BORG's TMI-branded turbo product line.
• Autoelectro: UK-based independent remanufacturer of starters and alternators; comparable as an independent, channel-focused competitor in the European rotating electrics aftermarket.

Broad incumbents

• Continental AG (Automotive Aftermarket): Continental's aftermarket business competes with BORG in reman and OE-replacement automotive parts across multiple categories; broad incumbent in the European aftermarket channel.
• MAHLE GmbH: German global automotive supplier and one of Europe's largest players in engine components and remanufactured parts; directly comparable as a broad incumbent in automotive aftermarket reman.
• Robert Bosch GmbH (Automotive Aftermarket): Bosch's Automotive Aftermarket division remanufactures starters, alternators and other rotating electrics; broad incumbent competing across BORG's core product groups.
• Valeo SA: French tier-1 supplier with significant aftermarket and remanufactured product lines (starters, alternators, clutches, thermal); broad incumbent with overlapping product and channel reach in Europe.

Emerging players

• Denso Corporation (Aftermarket): Japanese tier-1 OEM and aftermarket parts supplier; meaningful overlap in reman alternators, starters and air-conditioning components and a growing presence in European EV-related reman.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/borg-automotive-borg-reman

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BORG Automotive Reman