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Magna Announces Closing of GETRAG Acquisition

2016-01-08 11:31:07| Industrial Newsroom - All News for Today

AURORA, Ontario - Magna International Inc. announced today that it has completed its acquisition of the GETRAG Group of Companies ("GETRAG"), one of the world's leading independent suppliers of automotive transmissions. GETRAG's established product line complements Magna Powertrain's expertise in engineering and...

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Magna completes Getrag acquisition

2016-01-06 04:15:18| Canadian Plastics Headlines

Purchase will add nearly 14,000 employees and boost Magnas presence in the powertrain market. The post Magna completes Getrag acquisition appeared first on Canadian Plastics.

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Magna Enters Into Agreement to Acquire Getrag

2015-07-21 12:31:10| Industrial Newsroom - All News for Today

AURORA, Ontario  Magna International Inc. (TSX: MG, NYSE: MGA) today announced that it has signed an agreement to acquire the Getrag Group of Companies ("Getrag"), one of the world's largest suppliers of automotive transmissions. Getrag has an 80-year history in transmissions and is a technology leader, offering a...

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Magna buys German transmission giant Getrag

2015-07-20 17:57:55| Canadian Plastics Headlines

In a bid to boost its business in the overseas vehicle market, Aurora, Ont.-based auto parts maker Magna International Inc. is making a $2.5-billion acquisition of the Getrag Group of Companies, said to be the worlds biggest independent producer of… The post Magna buys German transmission giant Getrag appeared first on Canadian Plastics.

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Magna to acquire Getrag for approximately 1.75B

2015-07-16 16:55:32| Green Car Congress

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