RE:Linamar - Valuation Perspective In 2006, almost 20 years ago, Oshkosh acquired JLG for $3.2 Billion USD. JLG had $2.3 Billion in revenues. Paid 1.4 x revenue.
Skyjack today has over $1 Billion CAD in sales and is growing double digit. Similar valuation would be somewhere between $1.25-$1.65 Billion CAD.
More than 20 years ago Linamar acquired the first 50% for $22 million and then the remaining 50% for $9 million. It has successfully grown and expanded the business with facilities in Canada, China, and Mexico.
Skyjack is a Billion dollar + business inside the parent company.