Magna Announces Sale of Its Lighting and Rooftop Systems Businesses - Magna International (NYSE:MGA)
The businesses generated about $1.1 billion in combined global sales in 2025, and Magna said the divestitures will not affect its earnings outlook.
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8 Articles
Magna To Divest Lighting, Roof Systems Units
Automotive parts maker Magna International Inc. has signed definitive agreements to divest its Lighting business through two separate transactions and its Rooftop Systems business in a third, with all deals expected to close in the second half of 2026. The three businesses generated approximately US$1.1 billion in combined global sales in 2025 and form part of Magna’s Power & Vision segment. In an April 9 statement, officials with Aurora, Ont.-b…
Magna Announces Sale of Its Lighting and Rooftop Systems Businesses - Magna International (NYSE:MGA)
Definitive agreements signed to divest Lighting and Rooftop Systems businesses Businesses generated approximately $1.1 billion in combined global sales in 2025 Transactions expected to close in the second half of 2026 AURORA, Ontario, April 09, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG, NYSE:MGA) today announced that it has entered into definitive agreements to divest its Lighting business through two separate transactions, as …
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