AURORA, Ont.—Magna International Inc. has announced it will acquire Stadco Automotive Ltd., an independent body-in-white supplier based in the United Kingdom, for an undisclosed sum.
“Stadco’s Body-In-White expertise complements our capabilities in the body and chassis market,” John Farrell, president of Cosma International, an operating arm of Magna, said. “In addition, this acquisition expands Cosma’s geographic footprint and strengthens our existing global customer base.”
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