Linamar completes acquisition of Georg Fischer facilities in Leipzig

Linamar Company (LIMAF) announced that its previously announced acquisition of Georg Fischer (FCHRF) The Leipzig installation is complete. The deal was initially announced on October 7 for Linamar Corporation to acquire the Leipzig facility for €45 million. The company said: “Leipzig is a technology leader in the field of ductile iron castings with unique technical capabilities, including Europe’s largest casting box for machine-cast iron castings, providing strong growth opportunities for Linamar around highly complex cast components for a wide range of end markets. The addition of the facility offers a significant amount of technology under one roof – from prototyping and 3D printing to production in series of ductile iron castings and component machining. Leipzig supplies components to a wide range of attractive end markets from on-highway trucks to the construction, forestry and agricultural markets and beyond.

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