Linamar signs US$70M deal with Mobex
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Linamar Corp. to Acquire Assets from Mobex Fourth and 1
Linamar Corp., a leading vehicle manufacturing company, has announced its agreement to acquire a significant portion of the U.S.-based assets of automotive parts supplier Mobex Fourth and 1. The deal, worth $70 million in cash, will see Linamar Structures integrated with Mobex’s manufacturing operations for propulsion-agnostic chassis and suspension modules and components. The acquisition of Mobex’s assets will strengthen Linamar’s position as a…
·Elkader, United States
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Leaning Left4Leaning Right0Center1Last UpdatedBias Distribution80% Left
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