GERMANY: Magna buys Cadence Europe operations

Author: just-auto.com editorial team | 10 February 2009

Canada's Magna International is to acquire the European operations of bankrupt US-based rival Cadence Innovation.

just-auto articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.


Join just-auto now and save 42%

If you’re already a member, login here

Not what you were looking for?

Search just-auto:

More articles related to this one

CANADA: Magna plummets to Q2, H1 losses after sales fall
Opel bidder Magna International on Friday reported an operating loss of $237m (down $556m) and a net loss of $205m (off $432m) for the second quarter of 2009 after vehicle production declined 49% year on year to 1.8m units in North America and 28% to 3.1m units in Europe.

GERMANY: GM says progress made on Opel sale
General Motors said it made progress "clarifying issues from the best and final offers received two weeks ago" at several meetings with Opel bidders Magna and RHJI, and with members of the German automotive task force, in Berlin on Tuesday.

CANADA/INDIA: Magna unit forms seat JV
Magna Seating, a unit of Aurora, Ontario-based Magna International, has formed a 50-50 joint venture (JV) with India's Krishna Group to produce complete seats and seat mechanisms for automakers in the Pune region.

Market research related to this article

Logistics & Express Weekly Monitor - March 2, 2009
Datamonitor's LogEx Weekly Monitor is a leading comprehensive business intelligence weekly in the Logistics and Express marketplace. The monitor provides an analytical insight into the most recent key developments, contract updates and mergers and ac...

Welcome to the home of automotive information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page