An undisclosed buyer agreed to acquire Lighting Systems Business in North America, South America and China of Magna International Inc. from Magna International Inc. (TSX:MG) on April 9, 2026.
An undisclosed global investment firm has entered into definitive agreement to acquire Lighting Systems Business in North America, South America and China of Magna International Inc. from Magna International Inc. (TSX:MG) on April 9, 2026. In related separate transactions, Magna International Inc. is also divesting European Lighting and Rooftop Systems operations.
The Lighting systems businesses in North America, South America, China and Europe global sales in 2025.
All three transactions are expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals. Magna does not expect the divestitures to impact its 2026 adjusted earnings per diluted share outlook as previously issued.
Magna International Inc. is a Canada-based mobility technology company. The Company is a supplier of automotive space, specializing in body and chassis, all-wheel drive/front-wheel-drive, transmissions, latches, mirrors and contract vehicle assembly. Its segments include Body Exteriors & Structures, Power & Vision, Seating Systems and Complete Vehicles. Its products include Complete Vehicles, Body & Chassis, Electrical/Electronic, Exterior/Interior and Powertrain. Its Body & Chassis includes battery enclosures and body-in-white solutions. Its Electrical/Electronic includes advanced driver assistance systems and automated driving. Its Electrical/Electronic includes seating, mirrors, lighting, mechatronics. Its Powertrain includes hybrid powertrain, modules and components. Its Complete Vehicles include complete vehicle engineering. Its global network includes approximately 341 manufacturing operations and 106 product development, engineering and sales centers spanning 28 countries.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
An undisclosed buyer agreed to acquire Lighting Systems Business in North America, South America and China of Magna International Inc. from Magna International Inc. (TSX: MG) on April 9, 2026.
