Linamar completes acquisition of Georg Fischer’s Leipzig facility

Core Viewpoint - Linamar Corporation has successfully completed the acquisition of Georg Fischer's Leipzig facility for EUR 45 million, enhancing its capabilities in ductile iron castings and providing growth opportunities in various end markets [1] Group 1: Acquisition Details - The acquisition was initially announced on October 7, 2023, and has now been finalized [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 [1] Group 2: Strategic Benefits - The facility offers a comprehensive range of technologies, including prototyping, 3D-printing, series production in ductile iron casting, and component machining [1] - Leipzig supplies components to diverse and attractive end markets, including On Highway Truck, Construction, Forestry, and Agricultural Markets [1]