Bullboard - Stock Discussion Forum Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's... see more

Add To Watchlist

TSX:MRE - Post Discussion

Martinrea International Inc > Martinrea International Inc. Investment in Equispheres Inc.

View:

Post by Betteryear2 on Apr 23, 2024 5:52pm

Martinrea International Inc. Investment in Equispheres Inc.

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX:MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announces that in March, 2024, the Company was the lead investor in a financing round for Equispheres Inc., acquiring convertible preferred shares in the amount of US$6.0 million. This is the second investment the Company has made in Equispheres, following a C$1.0 million investment in April 2023.

Martinrea International Inc. Announces Investment in (globenewswire.com)