Linamar to acquire Remscheid, Penzberg plants

Executive Summary

• Linamar Corp. has entered into a definitive agreement to acquire the Remscheid and Penzberg facilities of Winning BLW, significantly expanding its forging and gear manufacturing capabilities.
• The transaction adds approximately $200 million in annualized revenue and enhances Linamar's expertise in warm forging, precision bevel gears, and helical gears for light vehicle, commercial, and off-highway markets.
• The acquisition is immediately accretive and deepens Linamar's vertically integrated manufacturing model, securing its position as a global leader in designed and machined gears.

Key Details

• Transaction Structure: Definitive agreement to acquire specific facilities (Remscheid and Penzberg) of Winning BLW.
• Financial Impact: Adds approximately $200 million in annualized revenue; transaction is immediately accretive.
• Facility Capabilities:
  • Remscheid: Leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market.
  • Penzberg: Specializes in helical gears and high-precision components serving commercial and off-highway sectors.
• Strategic Expansion: Expands Linamar's forging expertise to include warm forging and broadens precision gear offerings to include bevel and helical gears, as well as small to medium-sized drivetrain and transmission components.
• Customer Base: Both facilities serve existing Linamar customers and introduce new key customers, strengthening relationships in mobility and industrial markets.
• Company Context: Linamar is a diversified advanced manufacturing company with over 36,000 employees, 86 manufacturing locations, and 2025 sales of more than $10.2 billion.

Notable Quotes

• Linda Hasenfratz, Executive Chair: "The acquisition of warm-forging capability, and notably the expertise in bevel and helical gears, is a huge win for us at Linamar. We have long been recognized as a global leader in the multibillion-dollar gear market and this just deepens that capability to drive growth with our customers in both light vehicle and commercial vehicle markets."
• Jim Jarrell, CEO and President: "These acquisitions are a great strategic fit for Linamar. They strengthen our technology and manufacturing capabilities in products where we are already strong, deepen relationships with key global customers and position us for continued growth by increasing our content per vehicle across multiple markets."