Linamar closes $300 million deal to buy Aludyne’s North American assets
The Canadian Linamar has agreed to acquire certain North American assets of the automotive parts company Aludyne, in an operation valued at 300 million dollars. The agreement encompasses substantially all of Aludyne’s precision casting, machining solutions and manufacturing operations in North America. It is expected to “significantly” enhance Linamar’s manufacturing presence across the continent, particularly…