Metalsa completed the selling process of its former Structural Components Division
Monterrey, Nuevo León (México). Metalsa S.A. de C.V., a global Mexican company in the production of metal structures for light and commercial vehicles within the automotive industry, completed the selling process of its Structural Components for the Passenger Cars Division with Martinrea International Inc. during last week.
Martinrea is a diversified and global automotive group based in Toronto, which is dedicated to the design, development, and manufacturing of lightweight, high-value propulsion structures and systems.
The selling process included six plants, located in Germany, the United States, Mexico, South Africa, and China, with a total of approximately 2,000 employees.
“Metalsa will focus now on chassis, commercial vehicles, and electrification strategies. I am sure the people in Structural Components for Passenger Cars will realize new opportunities in a culture very aligned with that of Metalsa”, said Leopoldo Cedillo, Metalsa CEO.