Announced

Linamar agreed to acquire the Leipzig casting facility of Georg Fischer for €45m.

Synopsis

Linamar, a precision technology manufacturer, agreed to acquire the Leipzig casting facility of Georg Fischer, for €45m. “The completion of the Leipzig facility acquisition provides excellent technology in large ductile iron castings to help Linamar build up our on and off highway commercial vehicle business, a key growth tactic for us this year,” Linda Hasenfratz, Linamar Executive Chair.

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