# Chassix acquires Benteler Automotive Farsund's aluminum casting business

Chassix signed a definitive agreement to acquire Benteler Automotive Farsund's lightweight aluminum low-pressure automotive casting business, including a highly automated foundry in Farsund, Norway, with about 275 employees.

- Type: Acquisition
- Announced: 2017-10-26
- Where: Farsund, Norway
- Jobs: 275
- Status: announced
- Products: lightweight aluminum structural castings, sub frames, swing arms, steering knuckles, rear hubs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Chassix](https://endata.com/companies/16910.md) (acquirer)
- [Benteler Automotive Farsund](https://endata.com/companies/27566.md) (target)
- [Benteler](https://endata.com/companies/27592.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/chassix-signs-definitive-agreement-to-acquire-benteler-automotive-farsunds-lightweight-aluminum-low-pressure-casting-business-300543979.html), 2017-10-26: "The acquisition of BENTELER Automotive Farsund's casting business accelerates our vertical integration in Europe, provides customer and product diversification, and further enhances our technical capabilities in our core business."
- [wardsauto.com](https://www.wardsauto.com/news/archive-wards-supplier-chassix-acquires-aluminum-casting-business/791286/), 2017-10-26: "The acquisition of Benteler Automotive Farsund's casting business accelerates our vertical integration in Europe, provides customer and product diversification and further enhances our technical capabilities in our core business."
- [autonews.com](https://www.autonews.com/article/20171027/OEM10/171029778/chassix-to-acquire-benteler-s-automotive-casting-business/), 2017-10-27: "The Farsund business is strategically aligned with the Chassix growth plan."

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