Aludyne to Divest Certain North American Business Assets to Linamar Corporation

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Aludyne Inc. ("Aludyne†or the "Company†), a global lightweighting solutions and components supplier to the mobility industry, today announced that it has entered into a definitive agreement to sell certain assets of its North American business operations ("Aludyne North America†), to Linamar Corporation ("Linamar†) in a transaction valued at USD 300 million (the "Transaction†). The Transaction includes substantially all of the Company's North American-based. ...