Linamar Corporation to Acquire Winning BLW's Remscheid and Penzberg Facilities, Expanding Its Forging and Gear Manufacturing

Executive Summary

• Linamar Corporation entered into a definitive agreement to acquire the Remscheid and Penzberg facilities from Winning BLW, adding roughly CAD $200 million in annualized revenue.
• The acquisitions expand Linamar’s product portfolio to include warm‑forging capability and precision bevel/helical gears for light‑vehicle, commercial‑vehicle and off‑highway markets.
• The transaction is immediately accretive and expected to strengthen Linamar’s global footprint, deepen existing customer relationships, and support long‑term growth across mobility and industrial segments.

Key Details

• Target Assets: Remscheid facility (mass production of high‑performance precision bevel and intermediate gears for light vehicles) and Penzberg facility (helical gears and high‑precision components for commercial/off‑highway sectors).
• Seller: Winning BLW.
• Transaction Value / Revenue Impact: Approximately CAD $200 million in annualized revenue contribution from the acquired facilities.
• Strategic Benefits:
• Adds warm‑forging expertise to Linamar’s existing forging capabilities.
• Expands precision gear offerings (bevel, helical) and small‑to‑medium drivetrain/transmission components.
• Enhances vertically integrated manufacturing model and global footprint.
• Accretion: The acquisition is immediately earnings accretive.
• Management Comments:
• Linda Hasenfratz (Executive Chair) highlighted the “huge win” in warm forging and gear capability expansion.
• Jim Jarrell (CEO & President) emphasized strategic fit, technology strengthening, deeper customer relationships, and growth potential across multiple markets.
• Operational Outlook: Facilities will serve existing Linamar customers and introduce new key customers, contributing to long‑term growth, operational excellence, and innovation leadership in mobility and industrial markets.

Notable Quotes

“The acquisition of warm forging capability, and notably the expertise in bevel and helical gears, is a huge win for us at Linamar.” – Linda Hasenfratz, Executive Chair

“These acquisitions are a great strategic fit for Linamar… they strengthen our technology and manufacturing capabilities… and position us for continued growth.” – Jim Jarrell, CEO & President