# MFT Motoren und Fahrzeugtechnik wins €26 million balancer shaft contract

Precision Camshafts' stepdown subsidiary MFT Motoren und Fahrzeugtechnik GmbH won a contract from Linamar Antriebstechnik GmbH to supply over 180,000 sets of machined balancer shaft assemblies, valued at €26.02 million.

- Type: Contract
- Announced: 2019-08-15
- Where: Germany
- Value: $28.9M (26.0M EUR)
- Status: announced
- Products: machined balancer shaft assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Precision Camshafts Ltd](https://endata.com/companies/24546.md) (investor)
- [MFT Motoren und Fahrzeugtechnik](https://endata.com/companies/41372.md) (supplier)
- [Linamar Antriebstechnik](https://endata.com/companies/41373.md) (customer)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/markets/stock-markets/precision-camshafts-gets-order-booster-from-its-arm/article29093460.ece), 2019-08-15: "Precision Camshafts on Wednesday said that its stepdown subsidiary MFT Motoren und Fahrzeugtechnik GmbH has bagged contract for supply of over 1.8 lakh sets of machined balancer shaft assemblies from Linamar Antriebstechnik GmbH, Germany, over the life of the program."

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