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Slide #98. Linamar — The Camshaft Business of Muhr und Bender KG and Mubea Motorkomponenten GmbH
Acquirer:
Linamar (TSE:LNR.CA)
Acquiree:
The Camshaft Business of Muhr und Bender KG and Mubea Motorkomponenten GmbH
Details:
Linamar Corporation (TSX:LNR), Muhr und Bender KG ("MKG") and Mubea Motorkomonenten GmbH ("MMKG") today signed a Definitive Agreement for Linamar's purchase of MMKG's business of manufacturing and distributing assembled camshafts, located in Hildburghausen, Thale and Thale-Warnstedt, Germany.
Linamar is a global manufacturing company. Co. has two segments: Transportation and Industrial, which are further divided into five operating groups: Machining & Assembly, Light Metal Casting, Forging, Skyjack Inc. (Skyjack) and Agriculture. Co.'s Machining & Assembly, Light Metal Casting and Forging operating groups focus on precision metallic components, modules and systems for powertrain, driveline and body and chassis systems designed for global electrified and powered vehicle and industrial markets. Co.'s Skyjack and MacDon Group of Companies provide mobile industrial and harvesting equipment, notably aerial work platforms, telehandlers, draper headers and self-propelled windrowers.
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