Just 10 days after Linamar’s $300M acquisition, Martinrea (MRE) joined the party - buying the assets of Lyseon North America and growing its U.S. footprint.

With auto tariffs and supply chain challenges weighing on smaller players, the deal lines up well with recent management commentary…

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One of the realities, particularly when we have tougher times like we do now is customers like us looking. They might have a troubled supplier situation and say, you could really help us out if you do this.

Robert Wildeboer (Exec Chair) - MRE Q1’25 call

… and given leverage remains comfortably under target, like Linamar - there’s probably more activity on the way.

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