# Martinrea International to acquire Metalsa structural components division for $19.5M

Martinrea International Inc. reached an agreement to acquire the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. for approximately $19.5 million in cash, covering six plants in Germany, US, Mexico, South Africa, and China.

- Type: Acquisition
- Announced: 2019-12-19
- Where: Bergneustadt, Germany (and other plants), Germany
- Value: $19.5M
- Jobs: 2,000
- Status: announced
- Products: chassis components, body components, fuel tanks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Martinrea International](https://endata.com/companies/17526.md) (acquirer)
- [Metalsa S.A. de C.V.](https://endata.com/companies/44042.md) (target)
- [Metalsa](https://endata.com/companies/44129.md) (target)

## Sources

- [martinrea.com](https://www.martinrea.com/press-release/martinrea-international-inc-announces-agreement-to-purchase-structural-components-for-passenger-cars-division-of-metalsa-s-a-de-c-v/), 2019-12-19: "The purchase price for the transaction is expected to be approximately USD $19.5 million in cash, inclusive of working capital and on a debt free basis."
- [globenewswire.com](https://www.globenewswire.com/news-release/2019/12/19/1962744/0/en/martinrea-international-inc-announces-agreement-to-purchase-structural-components-for-passenger-cars-division-of-metalsa-s-a-de-c-v.html), 2019-12-19: "Martinrea International Inc., a diversified and global automotive supplier... today announced it reached an agreement to acquire the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V."
- [just-auto.com](https://www.just-auto.com/news/martinrea-to-acquire-metalsa-structural-components/), 2019-12-23: "These locations align with our current base and will give us a broader global footprint expanding our product offerings and manufacturing capabilities."

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