Linamar Corporation has reached a definitive agreement to acquire Battery Enclosures Business of DURA Automotive Systems on May 30, 2023. Transaction is subject to customary regulatory approval and is expected to close during the third quarter of 2023. Houlihan Lokey Capital, Inc. acted as financial advisor to DURA Automotive Systems, LLC.

Linamar Corporation completed the acquisition of Battery Enclosures Business of DURA Automotive Systems on August 3, 2023. The three sites, previously owned by Dura-Shiloh are located in North Macedonia, Czechia, and Alabama, USA and now join the newly formed Linamar Structures Operating Group. CMS von Erlach Poncet acted as legal advisor to Linamar Corporation.