Nemak announces acquisition of GF Casting Solutions' automotive business

Nemak announced an agreement to acquire GF Casting Solutions' automotive business. The acquisition is expected to close in the second half of 2025, subject to necessary regulatory approvals and other customary conditions. This strategic acquisition represents a key milestone in Nemak's efforts to accelerate its electrification transformation, expand beyond its non-traditional powertrain components business, and expand its global presence.