Overview

• Linamar signed a definitive agreement to purchase select assets of Aludyne’s North American operations for $300 million.
• The transaction covers substantially all regional precision casting, machining, and manufacturing operations.
• The acquired facilities will be integrated into the Linamar Structures Group within the company’s Mobility Segment.
• The deal expands aluminum structural casting and machining capabilities across products such as knuckles, subframes, control arms, and axle housings.
• Linamar will fund the purchase with existing credit facilities and cash, expects it to be accretive soon after closing, and notes Aludyne’s Europe and Asia businesses are excluded.