ABC Technologies completed the acquisition of WMG Technologies for $165m.

ABC Technologies, an automotive systems and components manufacturer, completed the acquisition of WMG Technologies, an innovative tooling and molded products solutions provider, for $165m. “WMGT brings with it a rich history as a family-owned Canadian business that parallels ABC’s own story. Founded two years apart, both companies built strong legacies guided by intentional and focused leaders. Six years after our own transition from being a family-owned business, ABC is excited to welcome WMG into its next exciting chapter as part of the ABC family. This acquisition strengthens ABC’s exterior products offering, expands our injection molding technical expertise and brings additional value-added tooling in-house,” Terry Campbell, ABC Technologies President and CEO.