{"id":8911,"date":"2023-11-03T03:54:27","date_gmt":"2023-11-03T03:54:27","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stocks\/linamar-finalizes-acquisition-of-mobex\/"},"modified":"2023-11-03T03:54:27","modified_gmt":"2023-11-03T03:54:27","slug":"linamar-finalizes-acquisition-of-mobex","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=8911","title":{"rendered":"Linamar finalizes acquisition of Mobex"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction involved Linamar Structures USA Inc., a subsidiary of Linamar, purchasing a considerable portion of Mobex Fourth and 1, LLC’s US assets for $64 million. These assets include manufacturing operations for propulsion-agnostic chassis and suspension modules and components.<\/p>\n

The acquired assets will be integrated into Linamar’s expanding Structures Group. This acquisition marks the second strategic move by Linamar in 2023 and is expected to push the annual sales of the Structures Group over the $1 billion mark.<\/p>\n

CEO Linda Hasenfratz underscored the significance of an electrified and propulsion-agnostic portfolio in Structural & Chassis products. This focus comes on the heels of their acquisition of three electric vehicle (EV) battery enclosures facilities from Dura-Shiloh earlier this year.<\/p>\n

Linamar\u2019s portfolio is further strengthened by its key divisions such as eLIN Product Solutions Group and Linamar MedTech. Other divisions like Skyjack, MacDon, and Salford cater to a variety of industry needs, while McLaren Engineering provides design, development, and testing services for the Mobility segment.<\/p>\n

Operating across North America, Europe, and Asia Pacific regions, Linamar generated sales surpassing $7.9 billion in 2022. The company is split into two operating segments \u2013 the Industrial segment and the Mobility segment \u2013 and employs over 31,000 people globally.<\/p>\n

Plans are already underway for immediate integration activities to optimize business operations and better cater to key customer needs following the Mobex acquisition.<\/p>\n

InvestingPro Insights<\/h2>\n

As Linamar continues to expand its operations through strategic acquisitions, it’s worth noting some key insights from InvestingPro. The company has shown a promising trend of accelerating revenue growth, with a 29.75% increase in the last twelve months as of Q2 2023. It also trades at a low P\/E ratio relative to near-term earnings growth (8.26), indicating potential undervaluation.<\/p>\n

InvestingPro Tips suggest that Linamar’s strong earnings should allow management to continue dividend payments, a trend they have maintained for 29 consecutive years. Furthermore, the company operates with a moderate level of debt and its liquid assets exceed short term obligations, suggesting a sound financial health.<\/p>\n

These insights, among many others, can be found in the InvestingPro platform, which offers over a dozen additional tips for each company. This data driven approach can be a valuable tool for investors looking for comprehensive and real-time financial analysis.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction involved Linamar Structures…<\/p>\n","protected":false},"author":1,"featured_media":3674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":{"0":"post-8911","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stocks"},"yoast_head":"\nLinamar finalizes acquisition of Mobex | inFundPros<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=8911\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Linamar finalizes acquisition of Mobex | inFundPros\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=8911\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-03T03:54:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/LYNXNPEBAG0BO_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=8911#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=8911\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"Linamar finalizes acquisition of Mobex\",\"datePublished\":\"2023-11-03T03:54:27+00:00\",\"dateModified\":\"2023-11-03T03:54:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=8911\"},\"wordCount\":413,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Stocks\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=8911#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=8911\",\"url\":\"https:\/\/infundpros.com\/?p=8911\",\"name\":\"Linamar finalizes acquisition of Mobex | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-11-03T03:54:27+00:00\",\"dateModified\":\"2023-11-03T03:54:27+00:00\",\"description\":\"\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=8911#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=8911\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=8911#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Linamar finalizes acquisition of Mobex\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Linamar finalizes acquisition of Mobex | inFundPros","description":"\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=8911","og_locale":"en_US","og_type":"article","og_title":"Linamar finalizes acquisition of Mobex | inFundPros","og_description":"\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction","og_url":"https:\/\/infundpros.com\/?p=8911","og_site_name":"inFundPros","article_published_time":"2023-11-03T03:54:27+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/LYNXNPEBAG0BO_L.jpg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=8911#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=8911"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"Linamar finalizes acquisition of Mobex","datePublished":"2023-11-03T03:54:27+00:00","dateModified":"2023-11-03T03:54:27+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=8911"},"wordCount":413,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Stocks"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=8911#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=8911","url":"https:\/\/infundpros.com\/?p=8911","name":"Linamar finalizes acquisition of Mobex | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-11-03T03:54:27+00:00","dateModified":"2023-11-03T03:54:27+00:00","description":"\u00a9 Reuters. Canadian multinational corporation Linamar has completed its acquisition of Mobex, a prominent automotive components supplier. The transaction","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=8911#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=8911"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=8911#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"Linamar finalizes acquisition of Mobex"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/8911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8911"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/8911\/revisions"}],"predecessor-version":[{"id":8912,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/8911\/revisions\/8912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/3674"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}