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Mutares completes acquisition of Magna’s Car Top Systems business

PUBT·08/05/2026 13:00:32
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Mutares completes acquisition of Magna’s Car Top Systems business
  • Mutares completed the acquisition of Magna’s Car Top Systems (CTS) business on Aug. 5, 2026, creating an independent global automotive supplier.
  • CTS makes roof and aerodynamic kinematic systems, including convertible tops and sliding or folding roofs; it generates about EUR 75 million in revenue.
  • The business is headquartered in Bietigheim-Bissingen with operations across Germany, Poland, China, Mexico, and Japan.
  • The deal adds complex roof architecture and soft-top mechanism capabilities to Mutares’ HILO platform within its Automotive & Mobility segment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2375536_en) on August 05, 2026, and is solely responsible for the information contained therein.