M&A Deal Summary

MAGNA Acquires VIZA Geca SL

On December 18, 2018, MAGNA acquired automotive company VIZA Geca SL

Acquisition Highlights
  • This is MAGNA’s 14th transaction in the Automotive sector.
  • This is MAGNA’s 1st transaction in Spain.

M&A Deal Summary

Date 2018-12-18
Target VIZA Geca SL
Sector Automotive
Buyer(s) MAGNA
Deal Type Add-on Acquisition

Target

VIZA Geca SL

Spain
VIZA Geca SL is a provider of patented floor-latch systems and foldable seats. VIZA Geca is based in Spain.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

MAGNA

Aurora, Ontario, Canada

Category Company
Founded 1957
Sector Automotive
Employees164,000
Revenue 42.8B USD (2024)
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 19 of 22
Sector: Automotive M&A 14 of 16
Type: Add-on Acquisition M&A Deals 14 of 15
Country: Spain M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 BÖCO Böddecker & Co. & Co. KG

Wuppertal, Germany

BÖCO Böddecker & Co. GmbH & Co. KG is a supplier of latches, hinges and strikers and its customers include Audi, the BMW Group and Daimler. BÖCO has been developing and producing innovative holding, guiding, closing and latching solutions for vehicles for more than 30 years. Meeting the highest standards for safety and reliability, our tailored products are used in cars and commercial vehicles for hoods, tailgates, backrests and side doors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 Wipac Czech s.r.o.

Ostrava, Czech Republic

Wipac Czech s.r.o. is an independent automotive design company based in Ostrava, Czech Republic and employs 35 designers, electronics and CAD engineers solely focussed on automotive LED lighting design. Wipac Czech is based in Ostrava, Czech Republic.

Buy -