Magna International is declining to comment on reports it is in negotiations to sell its interior operation to Grupo Antolin.
Speculation is centering on a deal being possibly reached as early as next month, although whether the sale would be for all or part of the interior business, is not yet clear.
Go deeper with GlobalData
“We do not comment on this,” a Magna spokesman confined himself to noting to just-auto, while Grupo Antolin in Madrid said: “We are not going to comment on any market rumour.
“We never comment on market rumours.”
Grupo Antolin is the largest Spanish manufacturer of vehicle interior components and number one worldwide supplier of headliner substrates.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
