M&A Deal Summary

MAGNA Acquires Getrag KG

On January 4, 2016, MAGNA acquired automotive company Getrag KG for 1.8B EUR

Acquisition Highlights
  • This is MAGNA’s 12th transaction in the Automotive sector.
  • This is MAGNA’s largest (disclosed) transaction.
  • This is MAGNA’s 5th transaction in Germany.

M&A Deal Summary
Date 2016-01-04
Target Getrag KG
Sector Automotive
Buyer(s) MAGNA
Deal Type Add-on Acquisition
Deal Value 1.8B EUR

Target

Getrag KG

Untergruppenbach, Germany
website
Getrag Group of Companies is a provider of automotive transmissions. Getrag offers a range of transmission systems which include manual, automated-manual, dual-clutch, hybrid and other advanced systems.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

MAGNA

Aurora, Ontario, Canada

website

Category Company
Founded 1957
Sector Automotive
Employees179,000
Revenue 42.8B USD (2023)
DESCRIPTION
MAGNA's headquarters in Aurora, Ontario.
MAGNA's headquarters in Aurora, Ontario.

MAGNA is a diversified automotive supplier. Magna designs, develops and manufactures automotive systems, assemblies, modules and components, as well as engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers (OEMs) of cars and light trucks. Magna was formed in 1957 and is based in Aurora, Ontario. MAGNA was founded in 1957 and is based in Aurora, Ontario.

DEAL STATS #
Overall 16 of 21
Sector (Automotive) 12 of 15
Type (Add-on Acquisition) 11 of 14
Country (Germany) 5 of 7
Year (2016) 1 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-02 Stadco

Shropshire, United Kingdom

Stadco Ltd. is an independent Tier 1 Body-In-White supplier.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-25 Telemotive AG

Muhlhausen, Germany

Telemotive AG is an engineering service provider in the field of automotive electronics.

Buy -
Mergr

Product

Company

Legal