# Maxion Wheels acquires 50.1% stake in Polimetal

Maxion Wheels acquired a 50.1% shareholding in Polimetal, a leading producer of aluminum wheels in Argentina, to serve growing demand in South America.

- Type: Acquisition
- Announced: 2025-11-03
- Where: Argentina
- Status: completed
- Products: aluminum wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Iochpe-Maxion](https://endata.com/companies/37971.md) (acquirer)
- [Polimetal](https://endata.com/companies/88219.md) (target)

## Sources

- [iochpe.com.br](https://www.iochpe.com.br/en/news/maxion-announces-strategic-actions-to-serve-growing-demand-for-light-vehicle-aluminum-wheels-in-south-america/), 2025-11-03: "The Polimetal share transaction, consummated today, will be submitted to the Argentinean competition authority, according to local applicable laws."
- [businesswire.com](https://www.businesswire.com/news/home/20251103319150/pt), 2025-11-04: "Estamos orgulhosos de anunciar uma parceria formal na Argentina com a Polimetal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.