Magna International Inc.

Nov. Incorporated as Magna Electronics Corporation Limited. -72 Automotive operations expanded to include stamping and electro-mechanical components. Jan. Changed to current name. Sold its aerospace and defense divisions to focus on the automotive business. Reorganized manufacturing divisions as Automotive Systems Corporations to become service suppliers for all automotive systems. Co-designed and co-developed the built-in child safety seat, recognized by the Smithsonian Institute as the most innovative product of the 's. May Acquired Cosma International Inc. and Tesma International Inc. Nov. Acquired an additional 11.4% in Atoma International Inc.

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Acquired KS Automotive-Sicherheitstechnik GmbH (holds 60%), Porsche GmbH's Zillerle(74%). Spun off Tesma International Inc.

Acquired Temic Bayern Chemie airbag GmbH (holds 25.1%) Acquired Marley Automotive Components Group, Pebra GmbH, Garadon Automotive Components Group, Acquired Douglas & Lomason Co, Tricam Group Holdings Ltd, Georg Nather GmbH, Decomex Inc.
Acquired the remaining interest in Atoma International Inc.

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Acquired Paulisch GmbH, a seating supplier for Mercedes-Benz and VW.
Acquired Steyr Daimler Puch AG (holds 94%) and Styer Daimler Puch Fahrzeugtechnik AG & KG (holds 50%).
Spun off Decoma International Inc. Feb. Acquired a leading supplier Roltra Motor SpA. May Acquired North American stamping, plastic and powertrain components manufacture TRIMA Automotive Inc. Aug. Acquired Ymos, a door manufacturing subsidiary of Uniport SAS. Jan. Acquired 100% interest in Korean oil and water pump manufacturer Hanwha Automotive Components Corporation. Jun. Acquired Brazilian exterior trim components manufacture Decomex. Jul. Established testing and development center with TRW and ACTS in Germany. End of Acquired the remainder of Magna Automotibiltechnik, a joint venture with Austria steel producer Voest Alpine Stahl. Aug. Announced its intention to form a working relationship with Covisint, the global internet based B2B exchange formed by General Motors, Ford, Daimler/Chrysler, Renault and Nissan. Jan. Decoma purchased the Company's European exterior parts operations and Decoma Exterior Trim. Aug. Spun off Intier Automotive (its interior systems group) as a separate public company. Oct. Acquired Donnelly Corporation to create an exterior and interior mirrors group with lighting, engineered glass systems and advanced electronics capabilities. Aug. Spun off MI Developments Inc. (its former real estate business, and in addition its investment in MEC as well) to the Company's shareholders. Sep. Acquired the worldwide operations of New Venture Gear, a DaimlerChrysler subsidiary specializing in the production of transfer cases and other drivetrain products.
Announced the creation of a new operating group, Magna Drivetrain, focusing on the development and production of drivetrain technologies and all-wheel-drive systems. Feb. Completed the privatization of Tesma International. Mar. Completed the privatization of Decoma International. Apr. Completed the privatization of Intier Automotive. Acquired two facilities from Pressac. Aug. Magna Powertrain (Changzhou) Co. Ltd. had been established in China Feb. Magna Electronics Inc. has acquired Allied Transportation Technology, Inc. (Michigan, U.S.A.), which produces automotive sensing devices such as obstacle detection systems. Apr. Cosma International Inc. has acquired stamping and sub-assembly plant of Ogihara America Corporation Jun. Acquired a substantial portion of the exteriors business and related assets from Plastech Engineered Products Inc. Oct. Acquired BluWav Systems LLC, a developer and supplier of electric and energy management systems for hybrid electric vehicles, plug-in hybrid vehicles and battery electric vehicles. Feb. Magna Electronics Inc acquired the Zhangjiagang Suxing Electronics facility located in the Jiangsu province, China Aug. Acquired Technoplast, a supplier of plastic exterior and interior components in Russia. Jan. Magna Powertrain AG of Austria established a 50-50 joint-venture, Chungcheongnam-Do, Korea with WIA of Korea. Feb. Decoma International acquired Cadence Innovation s.r.o. ("Cadence Europe"). Aug. Magna Seating established a 50/50 joint venture, MSKH Seating Systems, India with Krishna Group. Acquired Resil Minas (Brazil); the largest supplier of seat frames in South America and Pabsa S.A. (Argentina); a supplier of complete seats, foam products, trim covers and seat structures. Acquired Karmann Japan (Japan); a convertible system supplier. Acquired Erhard & Sohne (Germany); a manufacturer of fuel tanks for commercial vehicles and other specialty tanks. Acquired ThyssenKrupp Automotive Systems Industrial do Brasil Ltda. (TKASB) of Brazil from ThyssenKrupp Automotive Systems GmbH. Acquired BDW technologies group, which is a Germany-based manufacturer of vacuum high-pressure aluminum die casting. Acquired the Durbheim manufacturing facility of Acument GmbH & Co. OHG of Germany. Acquired an automotive seat supplier Pabsa S.A., based in Buenos Aires, Argentina. Acquired ixetic Verwaltungs GmbH, a manufacturer of automotive vacuum, engine and transmission pumps based in Germany. Acquired remaining 50% of STT Technologies Inc., a North American supplier of transmission and engine related oil pumps. Acquired select assets of Continental Plastics Co., a US based injection molding company. Acquired assets and business of Vogelsitze GmbH, a German-based manufacturer of seats for bus. Acquired remaining 49% of Textile Competence Center Kft in Germany for USD 9 million. Feb. Formed 50/50 joint venture with Chongqing Guangneng Rongneng Trim Co., Ltd. through Magna Exteriors operating unit for the development of front-end modules. Sep. Announced 50/50 joint venture with Tata AutoComp Systems Ltd., to develop and manufacture seating systems for bus and commercial vehicle manufacturers. Oct. Acquired Techform Group of Companies, a supplier of closure products for the automotive industry based in the U.S. Feb. Announced the Company will divest the entire battery pack business of Magna Steyr to Samsung SDI Co., Ltd. Feb. Acquired HUD, electronic components business, and ultrasonic sensor business of Philips & Lite-On Digital Solutions in Wetzlar, Germany and Hsinchu, Taiwan. Aug. Divested interiors business to Grupo Antolin-Irausa, S.A. for approximately USD 549 million. Oct. Signed agreement to acquired Stadco Automotive Ltd., a Tier 1 Body-In-White supplier based in the UK. Jan. Acquired Getrag, one of the world's largest automotive transmission suppliers, for USD 1.9 billion. May Acquired Telemotive AG, a leading engineering service provider in automotive electronics. Nov. Acquired BOCO Boddecker & Co. GmbH & Co. KG, an automotive supplier of latches, hinges and strikers. Jun. Signed agreement to acquire OLSA S.p.A., an Italian supplier of automotive lighting products, for EUR 230 million. Sep. Signed agreement to sell its Fluid Pressure & Controls business unit to Hanon Systems, for USD 1.23 billion. Oct. Signed agreement to acquire Haptronik, a German company specializing in software for mechatronic control. Dec. Signed agreement to acquire VIZA Geca SL, a Spanish supplier of seating products and systems. Mar. Divested Fluid Pressure and Controls Division to Hanon Systems Corporation for USD 1.2 billion. Mar. Divested shares of Magna Rico Powertrain Private Limited to Rico Auto for INR 85.6 million. Apr. Acquired Viza Geca SL, a supplier of seating structures and related systems based in Spain. Nov. Acquired Wipac Czech s.r.o., a premium automotive lighting engineering firm located in the Czech Republic. Sep. Announced plans to acquire majority ownership of Chongqing Honglizhixin Technology Development Group Co., Ltd. Dec. Signed a formal agreement with Fisker, an emerging US EV manufacturer, for platform and manufacturing. Dec. Agreed to establish LG Magna e-Powertrain (tentative name), a joint venture in the field of powertrains for EVs, with LG Electronics of Korea. Oct. Veoneer terminated the merger agreement with the Company and agreed to pay a termination fee of USD 110 million. Jan. Acquired Optimus Ride, a developer of autonomous vehicle and mobility solutions. Dec. Agreed to acquire Veoneer&#;s Active Safety business for USD 1.525 billion. Jun. Completed acquisition of Veoneer Active Safety, a supplier of active safety products, from SSW Partners for a purchase price of USD 1,438 million.