BRP, Synerject Complete Deal
March 23, 2006
Filed under Uncategorized
Synerject LLC, a 50:50 joint venture between Orbital Corp. Ltd. and Siemens VDO Automotive Corporation, has completed its acquisition of the manufacturing assets of BRP US Inc.'s Delavan, Wis. engine management modules facility.
Synerject, Newport News, Va., was formed in 1997. The company supplies engine management systems, modules and components for the marine, recreational, motorcycle and industrial markets. The scope of its product offerings ranges from vehicle fuel delivery systems to complete engine management modules.
The Delavan facility was established in 1996 and acquired by BRP in 2001. With operations spanning approximately 40,000 sq. ft. of factory space and 80 employees, the facility manufactures fuel injectors and electronic engine management modules and components for BRP's Johnson and Evinrude divisions. Supply contracts with BRP for the products made in Delavan are an integral part to the purchase agreement.
The newly acquired business is expected to increase Synerject's annual revenue by more than 50% from the $42 million reported at fiscal year end June 30, 2005.
Synerject President and CEO Stephane Tagliante said the Delavan operation will serve as a fuel injection components manufacturing operation “dedicated to the needs and requirements of our non-automotive markets.”