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Martinrea International Inc T.MRE

Alternate Symbol(s):  MRETF

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 operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.


TSX:MRE - Post by User

Bullboard Posts
Comment by jdzcribon Nov 23, 2013 8:06pm
461 Views
Post# 21935379

RE:Nat(ale) Rea owns 16 percent of Martinrea

RE:Nat(ale) Rea owns 16 percent of MartinreaBased on my memory and print outs thought I'd share this info.

Nat Rea bought out his family of Rea International and the sold Rea to Royal Laser and became Martin Rea in April 2002 valued at $ 200 million comprised of $100 million cash and 9,090,909 Martinrea share valued at $11/share
Ex Magna big guys, Stronach and Fred Jaekel were also at the helm original at 1 time.
I;ve lost track of the reporting of Nat but he also is part of Rea Holdings and possibly other companies that may or may not hold shares.
I know he sold at least 6 million + shares on the open market in June 2012 for ~ $8/share
not sure what he currently holds as I 've lost my records, lol

This is just info I've collected so take it as you will and I apolgize for any inaccuracy that it may contain
Bullboard Posts