# 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.

- Type: Acquisition
- Announced: 2023-11-08
- Where: Italy
- Value: $7.10B (6.20B EUR)
- Status: announced
- Products: electronic and lighting systems, powertrain components, suspensions, exhaust systems, plastic components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Calsonic Kansei](https://endata.com/companies/1784.md) (acquirer)
- [Fiat Chrysler Automobiles](https://endata.com/companies/14862.md) (partner)
- [KKR](https://endata.com/companies/16879.md) (investor)
- [Magneti Marelli](https://endata.com/companies/21832.md) (target)

## Sources

- [avcj.com](https://www.avcj.com/avcj/news/3012269/kkr-owned-calsonic-kansei-agrees-usd71b-bolt-on), 2023-11-08: "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."

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