Magna to acquire ixetic automotive pump maker for €308M

Magna International announced the acquisition of ixetic Verwaltungs GmbH, a maker of automotive vacuum, engine and transmission pumps with plants in Germany, Bulgaria and China, for about €308 million.

“Magna's acquisition of ixetic will cost approximately €308 million.”businesschief.com

• 1 source
• businesschief.comMagna Acquisitions Build Automotive Pump Market Share | Business ChiefMay 19, 2020

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