As one of the final steps in its strategic transformation into a pure-play Flow Solutions company, GF has signed an agreement to divest its iron foundry in Leipzig (Germany) to Linamar Corp., a global manufacturer of advanced mobility and industrial solutions based in Canada.
GF has successfully closed the acquisition of VAG-Group, a renowned global manufacturer and supplier of water utility metal valve solutions based in Mannheim (Germany).
GF has signed an agreement to divest GF Casting Solutions’ automotive business to Nemak S.A.B. de C.V., a Mexico-based global leader in aluminum lightweighting solutions for the automotive industry.