Martinrea International Acquires Assets of Effenco Development Inc.

February 27, 2023

Martinrea International Inc. has acquired the assets of Montreal-based Effenco Development Inc., a green-tech company that designs and manufactures electrification and connectivity solutions for heavy-duty vocational trucks. Martinrea says the acquisition supports its sustainability and innovation initiatives and will leverage Martinrea's global manufacturing and supply chain capabilities to grow Effenco's technologies and customer deployments.

Buyers
Martinrea International Inc.
Targets
Effenco Development Inc.
Industry
Automotive
Location
Quebec, Canada
Transaction Type
Buyout

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