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On October 10, 2025, Aludyne Inc., a global supplier of lightweighting solutions and components to the mobility industry, entered into a definitive agreement to divest substantially all of its North American business operations to Linamar Corporation. The transaction was valued at USD 300 million (approximately CAD 414 million), and encompassed Aludyne's North American-based precision casting, machining solutions, and manufacturing operations. Notably, Aludyne's international operations, including its business activities in Europe and Asia, were not included in the transaction and continued to operate as established. Following the transaction closing, the purchased assets were integrated into Linamar's Structures Group, a component of its broader Mobility Segment. The transaction was characterized as highly complementary to Linamar's existing Structures and Chassis business and was anticipated to provide seamless operational transition for Aludyne's North American original equipment manufacturer customers. The transaction was completed on November 14, 2025.
Jones Day served as legal counsel to Aludyne; Jefferies LLC provided investment banking services; AlixPartners LLP served as financial advisor; and C Street Advisory Group provided strategic communications advisory services to Aludyne. Norton Rose Fulbright Canada LLP advised Linamar Corporation. Aludyne's management indicated that the streamlined portfolio following the transaction would enhance the Company's ability to focus resources on European and Asian markets and customer delivery.
Parties
Company
Aludyne Inc.
Company
Linamar Corporation
Deal Type
Merger & AcquisitionIndustry
TransportationTransaction
$ 414,000,000Deal Status
ClosedClosing Date
14 November 2025