03Aug 2023

Linamar Announces Closing of Dura Battery Enclosures Business

August 3rd, 2023 (GUELPH) – Linamar Corporation (TSX: LNR) today announced that it has completed its acquisition of 3 Dura-Shiloh’s Battery Enclosures facilities. The acquisition was previously announced on May 30th and had been subject to customary regulatory approval and other closing conditions. Those pre-closing hurdles have now all been finalized and the transaction has closed as of August 3rd. Each site manufactures advanced batteries enclosures for Battery Electric Vehicle (BEV) applications.