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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Martinrea International acquires assets of Effenco Development · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Feb 27, 2023ACQUISITIONMontreal, Canada

Martinrea International acquires assets of Effenco Development

Martinrea International Inc., an automotive supplier, has acquired the assets of Montreal-based Effenco Development Inc., a green-tech company specializing in electrification and connectivity for heavy-duty trucks.

Status

Completed

Productselectrification and connectivity technologies for heavy-duty trucks

CompaniesMartinrea International acquirer Effenco Development target

Sectors#Automotive Components

“Martinrea International Inc. today announced the acquisition of the assets of Montreal-based Effenco Development Inc.”financialpost.com

1 source
financialpost.comMartinrea International Inc. Announces Acquisition of Effenco Development Assets | Financial PostGlobeNewswireFeb 27, 2023

Summarized from public sources; check the original articles before acting on it.

More from Martinrea International

Nov 11, 2022EXPANSIONQuerétaro, Querétaro, Mexico$36.0M108 jobs
Martinrea International expands Querétaro plant with $36M investment
Martinrea International queretaro.quadratin.com.mx acustiknoticias.com protexasindustry.com
Nov 9, 2022NEW FACILITYRamos Arizpe, Coahuila, Mexico$45.0M350 jobsops 9 Nov 2022
Martinrea opens fifth plant in Coahuila, Mexico
Martinrea International zocalo.com.mx
Mar 9, 2022NEW FACILITYRamos Arizpe, Coahuila, Mexico$20.0M250 jobsops 2023
Martinrea to open new $20 million factory in Ramos Arizpe, Coahuila
Martinrea International promexicoindustry.com protexasindustry.com
Feb 11, 2022EXPANSIONQuerétaro, Mexico$155.0M668 jobs
Martinrea expands Querétaro plant with $155M investment
Martinrea International Ford Motor Company customer promexicoindustry.com
Aug 31, 2021EXPANSIONHopkinsville, Kentucky, United States$31.0M33 jobs
Martinrea to expand Hopkinsville facility with $31M investment
Martinrea International newkentuckyhome.ky.gov martinrea.com areadevelopment.com
Jul 1, 2021EXPANSIONSpringfield, Robertson County, Tennessee, United States$40.0M97 jobs
Martinrea to invest $40M expanding Tennessee auto parts plant
Martinrea International tn.gov eu.tennessean.com

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