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Linamar Signs Deal to Buy Two Factories in Germany
The acquisition enhances Linamar's gear manufacturing with precision bevel and helical gears, expanding its customer base and adding $200 million in annualized revenue, the company said.
- On Friday, GUELPH-based Linamar Corporation announced it signed a deal with Winning BLW to acquire manufacturing factories in Remscheid and Penzberg, Germany.
- The Penzberg facility specializes in helical gears and high-precision components serving the Off Highway Mobility sector, while Remscheid produces high-performance precision bevel and intermediate gears.
- Linamar stated the acquisition will add about $200 million in annualized revenue, though financial terms regarding the purchase price were not immediately available.
- The deal expands Linamar's manufacturing footprint by securing locations that serve significant existing customers while introducing new key clients to its portfolio.
- Generating sales of more than $10.2 billion in 2025, Linamar maintains over 36,000 employees across 86 locations and 17 R&D centers, positioning it as a diversified manufacturing leader.
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The Toronto Star+3 Reposted by 3 other sources
Linamar Corporation to Acquire Winning BLW’s Remscheid and Penzberg Facilities, Expanding Its Forging and Gear Manufacturing
GUELPH, Ontario, March 27, 2026 (GLOBE NEWSWIRE) -- Linamar Corporation (TSX:LNR) is pleased to announce that it has entered into a definitive agreement to acquire the Remscheid and Penzberg facilities
·Toronto, Canada
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Winnipeg Free Press+3 Reposted by 3 other sources
Linamar signs deal to buy two factories in Germany
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Linamar Corp. Signs Deal To Purchase Two Factories In Germany
Linamar Corp. says it has signed a deal with Winning BLW to buy the company’s factories in Remscheid and Penzberg, Germany. Financial terms of the deal were not immediately available. Linamar says the Remscheid operation produces high-performance precision bevel and intermediate gears for the light vehicle market. The Penzberg facility specializes in helical gears and high-precision components serving the commercial and off-highway sectors. Lina…
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Leaning Left5Leaning Right0Center1Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
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L 83%
C 17%
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