# Samsung Electronics to acquire Magneti Marelli from Fiat Chrysler

Samsung Electronics has decided to acquire Magneti Marelli, the car components unit of Fiat Chrysler Automobiles, with the deal expected to complete by the end of 2017. The price was tentatively agreed after negotiations.

- Type: Acquisition
- Announced: 2017-04-10
- Where: Italy
- Status: rumored
- Products: automotive electronic equipment
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Samsung Electronics](https://endata.com/companies/647.md) (acquirer)
- [Fiat Chrysler Automobiles](https://endata.com/companies/14862.md) (target)
- [Magneti Marelli](https://endata.com/companies/21832.md) (target)

## Sources

- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=17797), 2017-04-10: "Samsung Electronics has decided to acquire Magneti Marelli and complete the M&A deal by the end of this year."

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