LNR Linamar Corp

Linamar Corporation (TSX:LNR) announced today it has completed its acquisition
of the assets of the Famer Group, a privately-owned French manufacturer of
powertrain components for the off-highway market. Details of the transaction
were not disclosed. 


"The acquisition of the Famer Group strengthens Linamar's overall presence in
Europe with a focus on the European commercial vehicle and off-highway market,"
said Linda Hasenfratz, CEO, Linamar Corporation. "We are pleased to add Famer's
talented workforce and advanced manufacturing capabilities to Linamar, and we
are excited about the opportunity to establish a Linamar presence in France to
support our strategy to grow with the French OEM's in both the commercial
vehicle and passenger car markets." 


Linamar acquired all three business units that comprise Famer Group: Famer
Industrie, which specializes in large engine component machining, located in St.
Romain in Gier; Famer Rivoire, specializing in gear finishing technology,
located in St. Etienne, France; and Famer Transmission, focused on transmission
component manufacturing, located in Montfaucon. Under the terms of the
agreement, Linamar also will acquire the current Famer employees and management
team. 


The Famer Group is a leading manufacturer of powertrain components with a strong
customer base. Linamar is a world leader in the collaborative design,
development and manufacture of precision metallic components, modules and
systems for global vehicle and power generation markets.


The Famer acquisition adds approximately 300 employees to Linamar's global
operations along with approximately EUR50 million in sales.


Linamar Corporation (TSX:LNR) is a diversified global manufacturing company of
highly engineered products powering vehicles, motion, work and lives. The
company is made up of 4 key divisions - Manufacturing, Driveline, Industrial
Commercial Energy (ICE) and Skyjack, all world leaders in the design,
development and production of highly engineered products. The company's
Manufacturing and Driveline divisions focus on precision metallic components,
modules and systems for engine, transmission and driveline systems designed for
passenger vehicle markets. The ICE group concentrates on similar products for on
and off highway vehicle, energy and other industrial markets. The company's
Skyjack division is noted for their innovative, high quality mobile industrial
equipment, notably its class-leading aerial work platforms and telehandlers.
With more than 12,500 employees in 39 manufacturing locations, 5 R&D centers and
13 sales offices in 11 countries in North America, Europe and Asia, Linamar
generated sales of more than $2.2 Billion in 2010. For more information about
Linamar Corporation and its industry leading products and services, visit
www.linamar.com.


Certain information regarding Linamar set forth in this document, including
management's assessment of the Company's future plans and operations may
constitute forward-looking statements. This information is based on current
expectations that are subject to significant risks and uncertainties that are
difficult to predict. Actual results may differ materially from these
anticipated in the forward-looking statements due to factors such as customer
demand and timing of buying decisions; product mix; competitive products; the
cost, timing and effectiveness of cost reduction initiatives; and pricing
pressure. In addition, uncertainties and difficulties in domestic and foreign
financial markets and economies could adversely affect demand from customers.
These factors, as well as general market, economic and political conditions, may
in turn have a material adverse effect on the Company's financial results. The
Company assumes no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those reflected in the
forward-looking statements.

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