Automotive drivetrain solutions provider Sona BLW Precision Forging, private equity firm Blackstone and its automotive portfolio company Comstar Automotive Technologies have forged a partnership to create an India centric, EV focused automotive technology platform-SONA COMSTAR. Blackstone acquired Comstar Automotive Technologies in 2018. Comstar designs, engineers and manufactures starting and charging systems for passenger and light commercial vehicles across the globe. Its products include BSG and ISG systems for full-hybrid vehicles, start-stop starter motors for mild hybrid vehicles, starter motors for conventional engines, as well as BLDC motors, alternators and other electrical motors.
The Chennai headquartered company with an installed capacity of over 6.8 million electric motors, operates manufacturing facilities in India, USA, Mexico and China. Comstar is globally reputed for its zero PPM quality standards and its innovation culture which has helped the company produce ‘Photon’ – the world’s lightest starter
Sunjay Kapur will be the Chairman of the newly combined entity SONA COMSTAR and any other businesses that will be acquired or developed under this platform.
“I am delighted to partner with Blackstone and Comstar to create Sona Comstar. This transaction marks the amalgamation of mechanical and electrical capabilities of two world class companies. We will now offer our customers
integrated technology products and solutions for Hybrid, EV as well as conventional powertrains. With our EV focused automotive technology platform, we will cater to the future of the automotive industry. Sona Comstar will be amongst the largest auto component companies of the country,” says Sunjay Kapur.