Calsonic Kansei to acquire Magneti Marelli from FCA for €6.2 billion

Calsonic Kansei Corporation, owned by KKR, has agreed to buy Fiat Chrysler Automobiles' components business Magneti Marelli for €6.2 billion ($7.1 billion), creating the world's seventh largest independent automotive components supplier.

“It is exciting to form a strong platform for Calsonic Kansei and Magneti Marelli to work together and create a competitive automotive supplier which is extremely well placed among the global top 10.”avcj.com

• 1 source
• avcj.comKKR-owned Calsonic Kansei agrees $7.1b bolt-on | AVCJTim BurroughsNov 8, 2023

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