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Georg Fischer's GF Automotive unit announces JV with Linamar Corp.

Friday, Jul 17, 2015

Georg Fischer AG :

* GF Automotive, a division of GF, announces a 50/50 joint venture with Linamar Corp., Guelph (Ontario, Canada)

* Overall investment over next five years will amount to approx. $100 million

* Joint venture plans to produce lightweight powertrain and structural components, drawing from expertise of both partners

* Closing of transaction is anticipated for beginning of September 2015

 

reuters.com

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