# CK Holdings completes acquisition of Magneti Marelli from FCA for $6.5 billion

Fiat Chrysler Automobiles completed the sale of its car parts corporation Magneti Marelli to CK Holdings (part of Calsonic Kansei Corporation) for $6.5 billion. The combined business will operate as Magneti Marelli CK Holdings Co. Ltd.

- Type: Acquisition
- Announced: 2019-05-02
- Where: Italy
- Value: $6.50B
- Status: completed
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [carandbike.com](https://www.carandbike.com/news/fca-completes-sale-of-magneti-marelli-to-ck-holdings-6-5-billion-2032089), 2019-05-02: "Fiat Chrysler Automobiles (FCA) has approved the sale of its car parts corporation Magneti Marelli to Japanese firm CK Holdings."

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