Components and systems supplier Magna us to acquire Olsa in order to expand its automotive lighting business.
The company says that automakers will soon have a familiar name to source lighting products “on a global scale” – Magna International.
Magna’s acquisition of Olsa will enable it to grow the company’s lighting capabilities and allow it to design, engineer and manufacture headlamps, tail lamps and other lighting products in every key region of the world. [Read more…] about Magna to acquire Olsa for $280 million to expand automotive lighting business