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Magna acquires Forrez for tire service expansion

PUBLIC · MGAJun 09, 2026

Acquiring Company

Magna International

Acquired Company

Forrez

BelgiumManufacturingAutomotiveTransportationAutomotiveFleet Management

Description

Magna has successfully acquired Forrez, a Belgian tire services provider. This acquisition will enhance Magna's service offerings in the tire distribution market. Forrez will continue its operations under the Magna brand. The move is seen as a strategic expansion into the European market.

Quick answer

Magna International is acquiring Forrez, announced June 9, 2026.

How much did Magna International pay for Forrez?
The deal value was not disclosed.
What does Magna International do?
Magna. Forward. For all.
Where are Magna International and Forrez based?
Forrez is based in Belgium.
Who are the decision-makers at Magna International?
Fundz holds 3 contacts at Magna International. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Automotive and Transportation

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Magna International

Location

337 Magna Drive

About

Magna. Forward. For all. Explore how Magna´s advancements in mobility help build a better world for everyone and everything.

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Frequently asked

Who acquired Forrez?

Forrez was acquired by Magna International. The deal was reported on June 9, 2026. Magna. Forward. For all. Explore how Magna´s advancements in mobility help build a better world for everyone and everything. Magna International is publicly traded (MGA) and operates in Manufacturing.

When did Magna International acquire Forrez?

Magna International's acquisition of Forrez was reported on June 9, 2026. Magna has successfully acquired Forrez, a Belgian tire services provider. This acquisition will enhance Magna's service offerings in the tire distribution market. Forrez will continue its operations under the Magna brand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Forrez do?

Forrez is a tyre specialist and mobility service provider with decades of experience. The company is recognized for its technical expertise, strong customer relationships, and service standards in various sectors. It is privately held, operating in Transportation, and is based in Belgium.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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