Linamar Corporation (TSX: LNR) has announced a definitive agreement to acquire the Remscheid and Penzberg facilities of Winning BLW, marking a significant step in expanding its global manufacturing footprint and product capabilities. The acquisition is expected to add approximately CAD $200 million in annualized revenue while strengthening Linamar’s position in the global gear manufacturing and forging market. The Remscheid facility specializes in high-volume production of precision bevel and intermediate gears for the light vehicle sector, while the Penzberg facility focuses on helical gears and high-precision components for commercial and off-highway applications.
With this transaction, Linamar enhances its forging expertise by incorporating warm forging capabilities and broadens its portfolio to include precision bevel and helical gears, as well as drivetrain and transmission components. The move further reinforces the company’s vertically integrated manufacturing model and leadership in engineered gear solutions.
Linda Hasenfratz, Executive Chair of Linamar, stated that the acquisition represents a major advancement in the company’s capabilities, particularly in bevel and helical gear technologies, strengthening its competitive position in both light and commercial vehicle markets.
Jim Jarrell, President and CEO of Linamar, emphasized that the acquisition aligns strategically with the company’s existing strengths, deepens relationships with global customers, and supports continued growth by increasing content per vehicle across multiple segments. Both facilities serve a combination of existing and new customers, contributing to Linamar’s long-term growth, operational excellence, and innovation leadership. The transaction is expected to be immediately accretive.
Headquartered in Canada, Linamar operates across a wide range of industries including mobility, agriculture, and industrial sectors, with expanding presence in MedTech, water, power, defense, and robotics. The company employs over 36,000 people across 86 manufacturing facilities, 17 R&D centers, and 31 sales offices in 19 countries, generating more than $10.2 billion in revenue in 2025.
