Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns show up across PHINIA's deal book — what the team buys, how it pays, and how it integrates. The patterns are the throughline; the deals below are the evidence.
1 acquisitions. Each entry carries the deal value, financing structure, target revenue, executive commentary, and the original SEC filing — the evidence behind the patterns above.
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.