Linamar Corporation Completes Acquisition of Georg Fischer's Leipzig Facility

Group 1 - Linamar Corporation has completed the acquisition of Georg Fischer's Leipzig facility for €45 million, initially announced on October 7th [1] - The Leipzig facility is recognized as a technology leader in ductile iron castings, featuring Europe's largest molding box for machine-molded iron castings, which presents significant growth opportunities for Linamar in complex cast components across various end markets [2] - The acquisition enhances Linamar's technological capabilities, consolidating prototyping, 3D-printing, series production in ductile iron casting, and component machining under one roof, serving diverse markets including On Highway Truck, Construction, Forestry, and Agriculture [3] Group 2 - Linamar Corporation is a diversified advanced manufacturing company that integrates leading-edge technology with manufacturing expertise, providing solutions for vehicles, motion, work, and lives [4] - The company operates in multiple industries, including On and Off Highway Mobility, Agricultural, and emerging sectors like MedTech, Water, Power, Defense, and Robotics, with a workforce of over 36,000 across 86 manufacturing locations and 17 R&D centers globally [4] - In 2024, Linamar generated sales exceeding $10.5 billion, showcasing its strong market presence and product offerings under various brands [4]