Linamar Corporation (LIMAF) announced that its previously announced acquisition of Georg Fischer’s (FCHRF) Leipzig facility has been completed. The deal was initially announced on October 7 for Linamar Corporation to acquire the Leipzig facility for EUR 45M. The company said, “Leipzig is a technology leader in ductile iron castings with unique technical capabilities, including Europe’s largest molding box for machine-molded iron castings, providing solid growth opportunities for Linamar around highly complex cast components for a broad range of end markets. The addition of the facility offers a significant amount of technology under one roof – from prototyping & 3D-printing to series production in ductile iron casting, and machining of components. Leipzig supplies components to a broad range of attractive end markets from On Highway Truck to Construction, Forestry and Agricultural Markets and beyond.”
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