Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns run through PHINIA's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
2 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
SEM is a prominent provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators, and linear position sensors for on- and off-highway commercial vehicle and industrial markets. PHINIA acquired 100% of the issued and outstanding shares; the deal was accounted for as a business combination within the Fuel Systems segment. approximately $47 million ($15 million cash plus $32 million to extinguish assumed debt).
Delivering on our commitment to strategic growth, we announced a definitive agreement to acquire SEM, which will expand our footprint in the commercial vehicle, industrial, and aftermarket sectors and supports our strategy of exploring alternative, zero carbon and lower carbon fuels.Brady Ericson — President and Chief Executive Officer, PHINIA Inc.
PHINIA Q3 2025 earnings release (Oct 28, 2025): "Completed the acquisition of Swedish Electromagnet Invest AB (SEM)... for approximately $47 million." The 10-Q noted SEM contributed about $8 million to net sales for the period after close.
The stoba Group is a global technology partner specializing in high-precision components, systems, and customized manufacturing solutions, with expertise in precision engineering and advanced manufacturing. Founded in 1961 in Backnang, Germany, stoba has grown into a globally active group with over 1,000 employees across eight locations worldwide, serving a broad range of industries with sophisticated component and system solutions built on process reliability and industrial implementation know-how.