Radiocor News

Magna to sell Lighting, Rooftop Systems businesses

(Il Sole 24 Ore Radiocor) - Milano, 9 apr - The Canadian automotive group Magna International said it has entered into definitive agreements to divest its Lighting business through two separate transactions, as well as its Rooftop Systems business in a third transaction.

No financial details were released.

A global investment firm will acquire the Lighting operations serving front and rear lighting programs in North America, South America and China. A separate investment firm will acquire Magna's European Lighting and Rooftop Systems operations, the company said.

The Lighting and Rooftop Systems businesses generated approximately 1 billion dollars and 100 million dollars in global sales, respectively, in 2025.

All three transactions are expected to close in the second half of 2026, it added.

Magna does not expect the divestitures to impact its 2026.

adjusted earnings per diluted share outlook.

(RADIOCOR) 09-04-26 12:38:58 (0354) 5 NNNN

 


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