Linamar acquires Dura’s battery enclosures business
by CM staff
The three sites, previously owned by Dura-Shiloh are located in North Macedonia, Czechia, and Alabama, U.S. and now join the newly formed Linamar Structures Operating Group.
GUELPH — Linamar Corporation has completed its acquisition of 3 Dura-Shiloh’s Battery Enclosures facilities. The acquisition was previously announced on May 30 and had been subject to customary regulatory approval and other closing conditions. Those pre-closing hurdles have now all been finalized and the transaction has closed as of August 3. Each site manufactures advanced batteries enclosures for Battery Electric Vehicle (BEV) applications.
The three sites, previously owned by Dura-Shiloh are located in North Macedonia, Czechia, and Alabama, U.S. and now join the newly formed Linamar Structures Operating Group.
“We are excited to complete this acquisition, a further step forward in Linamar’s transition towards an Electrified Mobility world, bolstering our growing Structures & Chassis business portfolio,” said Linda Hasenfratz, Linamar Executive Chair and CEO.