-+ 0.00%
-+ 0.00%
-+ 0.00%
Mutares completes acquisition of Magna’s Car Top Systems business
Share
Listen to the news
Mutares completes acquisition of Magna’s Car Top Systems business
  • Mutares completed the acquisition of Magna’s Car Top Systems (CTS) business on Aug. 5, 2026, creating an independent global automotive supplier.
  • CTS makes roof and aerodynamic kinematic systems, including convertible tops and sliding or folding roofs; it generates about EUR 75 million in revenue.
  • The business is headquartered in Bietigheim-Bissingen with operations across Germany, Poland, China, Mexico, and Japan.
  • The deal adds complex roof architecture and soft-top mechanism capabilities to Mutares’ HILO platform within its Automotive & Mobility segment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2375536_en) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending