Mutares signs agreement to acquire Magna's gearbox plant in Bordeaux

Mutares has signed an agreement to acquire Magna's plant in Bordeaux, France, which manufactures manual transmissions, with revenues of approximately EUR 200 million.

“Mutares SE & Co. KGaA has signed the Sale and Purchase Agreement for the acquisition of Magna’s facility in Bordeaux, France, after signing a put option in September 2022 and after the finalization of the works council consultation.”mutares.com

• 1 source
• mutares.comMutares has signed an agreement to acquire a plant of an automotive supplier in Bordeaux - Mutares SE & Co. KGaAJessica AlbertDec 22, 2022

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