Teksid

Teksid's Carmagnola plant near Turin, Italy, with nearly $150 million in investments, is expanding production of FireFly engine blocks and cylinder heads to 800,000 sets per year for the EMEA region.

Tupy S.A. entered into an agreement to acquire FCA's global cast iron automotive components business, operated through Teksid S.p.A., for €210 million. The deal includes facilities in Brazil, Mexico, Poland, Portugal, a joint venture in China, and engineering and sales offices in Italy and the US.

Fiat Chrysler Automobiles entered into an agreement to sell its global cast iron automotive components business, operated through Teksid S.p.A., to Tupy S.A. for €210 million. The deal includes facilities in Brazil, Mexico, Poland, Portugal, and a joint venture in China.

Tupy S.A. has entered into a Share Purchase Agreement to acquire 100% of Teksid's iron castings business from Fiat Chrysler Automobiles for EUR 210 million. The acquisition includes operations in Brazil, Mexico, Poland, Portugal, China, and offices in the US and Italy.