Canada’s Linamar has agreed to acquire select North American assets of auto parts company Aludyne, in a deal valued at $300m. The deal encompasses substantially all of Aludyne's precision casting, machining solutions, and manufacturing operations within North America. It is set to “significantly” enhance Linamar's manufacturing presence across the continent, particularly in the US, according to a statement from the Canadian manufacturer. Aludyne, based in Southfield, Michigan, is recognised as a Tier 1 ...

GUELPH, Ontario, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Linamar Corporation (TSX:LNR) is pleased to announce that it has entered into a definitive agreement to acquire select assets of Aludyne Incorporated’s North American operations. Aludyne is a Tier 1 automotive supplier specializing in lightweight aluminum chassis and structural technologies. The transaction, valued at $300 million USD, significantly expands Linamar’s manufacturing footprint across North America, notably in the United States. This acquisitio ...

GUELPH, Ontario, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Linamar Corporation (TSX:LNR) is pleased to announce that it has entered into a definitive agreement to acquire select assets of Aludyne Incorporated’s North American operations. Aludyne is a Tier 1 automotive supplier specializing in lightweight aluminum chassis and structural technologies. The transaction, valued at $300 million USD, significantly expands Linamar’s manufacturing footprint across North America, notably in the United States. This acquisitio ...