Linamar Corporation to Acquire Winning BLW’s Remscheid and Penzberg Facilities, Expanding Its Forging and Gear Manufacturing

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GUELPH, Ontario, March 27, 2026 (GLOBE NEWSWIRE) — Linamar Corporation (TSX:LNR) is pleased to announce that it has entered into a definitive agreement to acquire the Remscheid and Penzberg facilities of Winning BLW. This strategic transaction further expands Linamar’s product portfolio and manufacturing capabilities, adding approximately $200 million CAD in annualized revenue and further strengthening the company’s global footprint.

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The Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market, while the Penzberg facility specializes in helical gears and high-precision components serving the commercial and off-highway sectors.

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Through these acquisitions, Linamar significantly expands its forging expertise to include warm forging, expanding its already significant offering of precision gears to include precision bevel and helical gears as well as small to medium sized-drivetrain and transmission components. The additions further secure Linamar’s already globally leading position in designed and machined gears, deepens its forging expertise, and reinforces its vertically integrated manufacturing model.

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Linamar Executive Chair Linda Hasenfratz said, “The acquisition of warm forging capability, and notably the expertise in bevel and helical gears, is a huge win for us at Linamar. We have long been recognized as a global leader in the multi billion dollar gear market and this just deepens that capability to drive growth with our customers in both light vehicle and commercial vehicle markets.”

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Linamar CEO and President, Jim Jarrell, said “These acquisitions are a great strategic fit for Linamar. They strengthen our technology and manufacturing capabilities in products where we are already strong, deepen relationships with key global customers, and position us for continued growth by increasing our content per vehicle across multiple markets.”

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Both facilities serve customers with whom Linamar has significant existing business, while also introducing new key customers. Together, they are expected to contribute meaningfully to Linamar’s long-term growth, operational excellence, and innovation leadership across mobility and industrial markets.

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The acquisition is immediately accretive.

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Linamar Corporation (TSX:LNR) is a diversified advanced manufacturing company where the intersection of leading-edge technology and deep manufacturing expertise is creating solutions that power vehicles, motion, work and lives for the future. At the heart of Linamar is the technologies we deliver; casting, forging, metal forming, machining and assembly and fully engineered products. We serve a broad variety of industries, from our On and Off Highway Mobility business to our Agricultural and Access businesses to new areas of expansion in MedTech, Water, Power, Defense and Robotics. We proudly market our global, class leading products under the brands Linamar, Skyjack, MacDon, Salford, Bourgault and McLaren Engineering. Linamar has over 36,000 employees in 86 manufacturing locations, 17 R&D centers and 31 sales offices in 19 countries in North and South America, Europe and Asia, which generated sales of more than $10.2 billion in 2025. For more information about Linamar Corporation and its industry-leading products and services, visit www.linamar.com or follow us on our social media channels.