AURORA, Ontario -- Cosma International says it is buying the aluminum die-casting operations of Germany's BDW Technologies, a unit with annual sales of $215 million.
Cosma, a unit of Magna International Inc., will acquire two factories in Germany, one in Poland and one in Hungary. Customers of BDW, a maker of vacuum high-pressure aluminum die castings, include Volkswagen, Audi, Porsche, Mercedes-Benz, Ferrari, ZF Friedrichshafen and others.
Magna International, of Aurora, Ontario, ranks No. 5 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of $23.6 billion in 2010.