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Linamar Corp T.LNR

Alternate Symbol(s):  LIMAF

Consumer Cyclical Auto Parts
Linamar Corporation is a Canada-based advanced manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. Its segments include Industrial and Mobility. The Industrial segment consists of MacDon, Salford, Bourgault, and Skyjack. MacDon manufactures combined draper headers and self-propelled windrowers for the agricultural harvesting industry. Skyjack manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. The Mobility segment is focused on propulsion systems, structural and chassis systems, energy storage and power generation for both the global electrified and traditionally powered vehicle markets and is subdivided into three regional groups and one global product group: North America, Europe, Asia Pacific, and the newly formed Structures Group. The regional mobility groups are vertically integrated operations combining expertise in light metal casting, forging, machining, and assembly.


TSX:LNR - Post by User

Linamar Corp
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Post by Betteryear2on Dec 21, 2023 10:56am
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Post# 35795701

Linamar Acquires Seeding Expert Bourgault Industries

Linamar Acquires Seeding Expert Bourgault IndustriesGUELPH, ON, Dec. 20, 2023 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has reached an agreement to acquire Bourgault Industries Ltd. of St. Brieux, Saskatchewan, further enhancing its Industrial segment's diversified offerings and advancing its position as a leading short-line agriculture equipment manufacturer. Bourgault is a world-class agriculture equipment manufacturer regarded as a market and technology leader in broad acre seeding.  Linamar's existing agricultural brands include harvesting specialist MacDon, and tillage and crop nutrition expert Salford.  Bourgault is highly complimentary to these existing divisions and enables Linamar to increase its market position as it now possesses a full lineup of products in the broader crop production cycle, from field preparation, to seeding, crop nutrition, harvest and post harvest. 

Linamar Acquires Seeding Expert Bourgault Industries, Significantly Bolstering its Agriculture Business (newswire.ca)
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