Magna acquires VIZA Geca to bolster for seating business

Magna International signed an agreement to acquire VIZA Geca SL of Spain, which operates four production facilities and had sales of EUR 125 million in 2017. The acquisition is expected to close by the end of the first quarter 2019. VIZA, with current customers including VW, PSA and Renault Nissan, brings seat-struct....

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