Linamar to acquire certain North American business assets from Aludyne for $300m.

Linamar, a diversified advanced manufacturing company, agreed to acquire certain North American business assets from Aludyne, a global lightweighting solutions and components supplier, for $300m. “We are thrilled to welcome the Aludyne teams into the Linamar family. This acquisition enhances our leadership in propulsion-agnostic, lightweight aluminum casting and machining technologies. Aludyne’s proprietary light metal casting technology offers great growth opportunity to our structural casting business and further strengthens our Mobility business,” Linda Hasenfratz, Linamar Executive Chair.