COSMA acquires VAB to expand
Stamping Capacity in Eastern Europe
Cosma International, an operating
unit of Magna International Inc. and a leading automotive
metal-forming supplier, today announced it has acquired Vyroba
Automotivnych Blotnikov (VAB) of Tychy, Poland. The acquisition
expands Cosma’s class-A and body structure stamping capacity and
increases the company’s presence in the growing Eastern European
market.
The VAB facility, located
adjacent to a current Cosma assembly facility called Formpol,
adds approximately 150,000 square feet of space to Cosma’s
manufacturing footprint. The facilities will work together to
provide global OEM customers with best-in-class body, chassis
and module solutions.
“The addition of VAB is part of
Cosma’s strategic expansion in our key customer markets,”
commented Horst Prelog, president of Cosma. “We welcome them to
the growing Cosma family.”
Cosma manufactures a
comprehensive range of metal body systems, components,
assemblies and modules including complete vehicle frames,
chassis systems, and body-in-white systems using a variety of
innovative processes including hydroforming, stamping, and
rollforming. Cosma has more than 17,000 employees in 37
manufacturing facilities and 12 product development and
engineering centers located in 13 countries worldwide.
