Amaneos completes acquisition of Magna’s lighting business

Automotive parts supplier Amaneos, portion of German backstage equity steadfast Mutares, has finalised its acquisition of Canadian automotive supplier Magna's European automotive lighting operations.

The acquired portion volition go portion of Amaneos' subsidiary Light Mobility Solutions (LMS).

The woody completes an statement archetypal announced successful April, erstwhile Mutares said it would get 2 supplier businesses from Magna to bolster Amaneos and HiLo Group.

Mutares said the acquisition fits its strategy of backing structural maturation crossed its portfolio companies, with an accent connected enlargement crossed the US and Europe, arsenic good arsenic pursuing important exit opportunities.

The concern being acquired posted gross of astir €200m ($227.9m) successful 2025 and has a workforce of astir 1,500.

Its merchandise scope spans rear, beforehand and accent lighting, on with illuminated grille and sheet systems built connected LED, OLED, micro/mini-LED and matrix ADB technology.

The woody encompasses 2 manufacturing sites, located successful Moncalieri, Italy, and Kostrzyn nad Odrą, Poland, arsenic good arsenic engineering hubs successful Rivoli, Italy, and Ostrava, Czech Republic.

Amaneos said it plans to harvester Magna's beforehand and rear lighting exertion with LMS's exterior sheet offerings, shifting from supplying standalone components to delivering much complex, technology-driven modules.

The institution said this displacement is expected to springiness OEMs greater functionality, much plan flexibility and less interface-related complications.

It added that pooling R&D, procurement and accumulation capabilities should assistance innovation and boost operational efficiency.

Magna announced successful April that it was divesting its lighting and rooftop systems divisions crossed 3 abstracted deals, arsenic portion of a broader restructuring of its Power & Vision segment.

The 2 units combined reported planetary gross of astir $1.1bn successful 2025, comprising astir $1bn from lighting and $100m from rooftop systems, with the income structured connected a determination basis.

"Amaneos completes acquisition of Magna's lighting business" was primitively created and published by Just Auto, a GlobalData owned brand.