Canada-based automotive component provider Magna announced the acquisition of Wipac Czech, an automotive lighting engineering firm located in Czech Republic. The transaction was closed last week and will expand Magna’s engineering capabilities globally.
Wipac Czech’s engineering team designs and develops automotive forward lighting, primarily for European exotic and luxury brand including Aston Martin, Bentley, Rolls Royce, McLaren, Lamborghini, Bugatti, Audi, Daimler, BMW and Porsche.
(Image: Magna)
“We see Wipac Czech playing an important role in growing our global lighting business, particularly with forward lighting to European automakers,” said John O’Hara, President of Magna Mechatronics, Mirrors and Lighting. “Lighting represents a strategic growth area for us, due to increasing levels of electronic and sensor integration and the ongoing industry trend to differentiate vehicles through styling.”
Magna acquired Italian automotive lighting producer OLSA in 2018. With the new acquisition, the Canadian company has a total of 11 lighting manufacturing facilities and three engineering centers globally.
The company also aims to develop innovative automotive lighting technologies. It has set up joined venture with Micro LED technology provider Rohinni for creating flexible micro LED lighting solutions.
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