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Magna International Inc.
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About

Company

337 Magna Drive, Aurora, Ontario, Canada L4G 7K1
Canada

Description

The Company is a diversified global automotive supplier that primarily serves passenger car and light truck OEMs. The Company is one of the largest automotive suppliers in the world. -In January 2016, the Company acquired Getrag, a leading supplier of automotive transmissions. -In August 31, 2015, the Company completed the divestiture of its interior business, excluding its seating operations, to Grupo Antolin-Irausa, S.A. for USD 549 million. -In February 2015, the Company announced that it would divest the entire battery pack business of Magna Steyr of Samsung SDI Co., Ltd. The transaction was completed in the first half of 2015. -The Company is organized into the following four product segments: Body Exteriors & Structures Power & Vision Seating Systems Complete Vehicle
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