Business

Linamar Corporation Completes Previously Announced Acquisition of WinningBLW’s Remscheid and Penzberg Facilities

GUELPH, Ontario, April 30, 2026 (GLOBE NEWSWIRE) -- Linamar Corporation (TSX:LNR) today announced the successful completion of WinningBLW’s Remscheid and Penzberg manufacturing facilities, further strengthening Linamar’s technology platform, vertical integration, and long-term growth outlook. The transaction was originally announced on March 27th, 2026. The Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market, w

articleLinamar CorporationApril 30, 20263/company/linamar-corporation/news/linamar-corporation-completes-previously-announced-acquisition-of-winningblws-remscheid-and-penzberg-facilities
Linamar Corporation Completes Previously Announced Acquisition of WinningBLW’s Remscheid and Penzberg Facilities

About this update from Linamar Corporation

[{"type":"image","alt":"Linamar Corporation","displaySize":"","headline":null,"caption":"Linamar Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":76,"url":"https://media.zenfs.com/en/globenewswire.com/e2ff7b37970717df33797dd013e4addf"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FoH8zHuPxkls8TlgL5Md8Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwNg--/https://media.zenfs.com/en/globenewswire.com/e2ff7b37970717df33797dd013e4addf","width":300,"height":76}},"lazy":false},{"type":"text","content":"GUELPH, Ontario, April 30, 2026 (GLOBE NEWSWIRE) -- Linamar Corporation (TSX:LNR) today announced the successful completion of WinningBLW’s Remscheid and Penzberg manufacturing facilities, further strengthening Linamar’s technology platform, vertical integration, and long-term growth outlook. The transaction was originally announced on March 27th, 2026.","length":355,"tagName":"p"},{"type":"text","content":"The Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market, while the Penzberg facility specializes in helical gears and high-precision components serving the commercial and off-highway sectors.","length":277,"tagName":"p"},{"type":"text","content":"Through these acquisitions, Linamar significantly expands its forging expertise to include warm forging, expanding its already significant offering of precision gears to include precision bevel and helical gears as well as small to medium sized-drivetrain and transmission components. The additions further secure Linamar’s already globally leading position in designed and machined gears, deepens its forging expertise, and reinforces its vertically integrated manufacturing model.","length":482,"tagName":"p"},{"type":"text","content":"Both facilities serve long-standing customers with whom Linamar has significant existing business, while also introducing new key customers. Together, they are expected to contribute meaningfully to Linamar’s long-term growth, operational excellence, and innovation leadership across mobility and industrial markets.","length":316,"tagName":"p"},{"type":"text","content":"The acquisition is immediately accretive and is expected to contribute positively to earnings, cash flow, and return on invested capital, while further strengthening Linamar’s long-term competitiv...

More updates from Linamar Corporation

Linamar Corporationhelical gearsadvanced manufacturingfinancial informationprecision gears