# Calsonic Kansei to acquire Magneti Marelli for EUR 6.2 billion

Fiat Chrysler Automobiles agreed to sell its automotive components business Magneti Marelli to CK Holdings, a holding company of Japanese supplier Calsonic Kansei, for EUR 6.2 billion ($7.124 billion). The combined entity will become the world's 7th largest automotive components supplier.

- Type: Acquisition
- Announced: 2018-03-08
- Value: $7.12B (6.20B EUR)
- Status: announced
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Calsonic Kansei](https://endata.com/companies/1784.md) (acquirer)
- [Fiat Chrysler Automobiles](https://endata.com/companies/14862.md) (partner)
- [Magneti Marelli](https://endata.com/companies/21832.md) (target)
- [CK Holdings](https://endata.com/companies/30549.md) (acquirer)

## Sources

- [cdrinfo.com](https://www.cdrinfo.com/D7/content/japanese-calsonic-kansei-buy-magneti-marelli-auto-part-business-712-billion), 2018-03-08: "Fiat Chrysler Automobiles N.V. (FCA) has entered into a definitive agreement to sell its automotive components business Magneti Marelli S.p.A. to CK Holdings Co., Ltd."

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