The Deal at a Glance
On July 30, 2025, Nemak announced a definitive agreement to acquire GF Casting Solutions' automotive business from Georg Fischer AG, a Switzerland-based diversified industrials company. The transaction represents one of the largest die casting deals in recent history and marks a pivotal moment for the aluminum casting industry.
Nemak, Mexico's leading manufacturer and the world's largest aluminum die caster by capacity, will pay a total of $336 million for the acquisition. The deal structure includes $160 million paid upfront, financed through long-term credit lines, with the remaining balance paid over five years through assumed liabilities and deferred payments. The transaction was expected to close in the second half of 2025.
This acquisition represents a strategic move for Nemak to expand beyond traditional internal combustion engine (ICE) powertrain components into the emerging EV structural components market, while simultaneously diversifying its customer base and geographic reach across Europe and Asia.
What Nemak Is Getting
The GF Casting Solutions acquisition brings substantial assets and capabilities to Nemak's portfolio. GF Casting Solutions generates approximately $707 million in annual revenue with adjusted EBITDA of $91 million (based on 2024 figures), demonstrating strong operational performance and profitability.
Key Financial Metrics
Annual Revenue: $707 million
Adjusted EBITDA: $91 million
EBITDA Margin: ~12.9%
Deal Multiple: Approximately 3.7x EBITDA
Global Facilities Network
Nemak acquires nine production facilities strategically located across multiple continents, providing geographic diversification and access to major automotive manufacturing hubs: