camshaft supplier Linamar Corp. has signed an agreement with
German automotive supplier Muhr und Bender KG (Mubea) and its
subsidiary Mubea Motorkomponenten GmbH (MMKG) to acquire
MMKGs camshaft manufacturing and distribution
"We (will) add a lightweight and
fuel-efficient hydroformed and assembled camshaft technology to
our existing portfolio," Linamar chief executive officer Linda
Hasenfratz said in a statement June 4.
Guelph, Ontario-based Linamar
will acquire plants in Hildburghausen, Thale and
Thale-Warnsted, Germany, which employ a combined 110 people.
"We welcome them to our team and see great opportunity for this
technology and its growth potential for the future," she
"Mubea has done an excellent job
of developing very high-quality and highly efficient camshaft
hydroforming technologies, (while) their hot forging production
will provide a significant enhancement to our machining and
assembly operations globally," Hasenfratz said.
Mubea primarily makes springs for engine valves, suspension
coil and transmission disc applications, as well as related
products. The camshaft business represents less than 2 percent
of its total sales.