# 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.

- Type: Acquisition
- Announced: 2023-02-27
- Where: Montreal, Canada
- Status: completed
- Products: electrification and connectivity technologies for heavy-duty trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Martinrea International](https://endata.com/companies/17526.md) (acquirer)
- [Effenco Development](https://endata.com/companies/68823.md) (target)

## Sources

- [financialpost.com](https://financialpost.com/globe-newswire/martinrea-international-inc-announces-acquisition-of-effenco-development-assets), 2023-02-27: "Martinrea International Inc. today announced the acquisition of the assets of Montreal-based Effenco Development Inc."

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