M&A Deal Summary

Wescast Industries and Linamar Acquire Weslin Industries

On January 1, 1999, Wescast Industries and Linamar acquired automotive company Weslin Industries

Acquisition Highlights
  • This is Wescast Industries’ 1st and Linamar’s 1st transaction in the Automotive sector.
  • This is Wescast Industries’ 1st and Linamar’s 1st transaction in Canada.
  • This is Wescast Industries’ 1st and Linamar’s 1st transaction in Ontario.

M&A Deal Summary

Date 1999-01-01
Target Weslin Industries
Sector Automotive
Buyer(s) Wescast Industries
Linamar
Deal Type Joint Venture

Target

Weslin Industries

Brantford, Ontario, Canada
Weslin Industries, Inc. design, sale and manufacture of exhaust manifolds, turbo charger housings and integrated turbo manifolds for the European light vehicle market.

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) 2

Buyer

Wescast Industries

Brantford, Ontario, Canada

Category Company
Founded 1901
Sector Automotive
Employees2,000
DESCRIPTION

Wescast Industries, Inc. manufactures and supplies exhaust manifolds for passenger cars and light trucks and manufactures steel pump equipment parts for the petrochemical.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 1999 M&A 1 of 1
Buyer

Linamar

Guelph, Ontario, Canada

Category Company
Founded 1964
Sector Automotive
Employees34,000
Revenue 10.6B CAD (2024)
DESCRIPTION

Linamar designs, develops, and manufactures precision-machined components, modules, and systems for engine, transmission and chassis systems primarily for the North American and European automotive marketplace. The company’s industrial division is an aerial lift platform product. Linamar was founded in 1964 and is based in Guelph, Ontario.


DEAL STATS #
Overall 1 of 8
Sector: Automotive M&A 1 of 7
Type: Joint Venture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 1999 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-05 Salzgitter Antriebstechnik & Co. KG

Crimmitschau, Germany

Salzgitter Antriebstechnik GmbH & Co. KG manufactures camshafts for the Audi 2.5L and 3.0L engines. SZAT produces camshaft blanks through a unique hydroforming process which produces lighter camshafts with superior technical capabilities.

Buy -