Linamar signs deal to buy two factories in Germany

Auto parts engine cars at Linamar

GUELPH — Linamar Corp. says it has signed a deal with Winning BLW to buy the company’s factories in Remscheid and Penzberg, Germany.

Financial terms of the deal were not immediately available.

Linamar says the Remscheid operation produces high-performance precision bevel and intermediate gears for the light vehicle market.

The Penzberg facility specializes in helical gears and high-precision components serving the commercial and off-highway sectors.

Linamar says both locations serve customers that it already has significant existing business with, while also introducing new key customers.

It says the deal will add about $200 million in annualized revenue.

This report by The Canadian Press was first published March 27, 2026.