Nemak, S.A.B. de C.V. , has announced a definitive agreement to acquire the automotive business of GF Casting Solutions, a Swiss-based specialist in lightweight cast components. The acquisition marks a significant step in Nemak’s strategy to expand beyond internal combustion engine (ICE) powertrain components. It will enable the company to diversify its customer base, boost technological capabilities, and reinforce its global presence in the shift toward sustainable mobility.
GF Casting Solutions automotive business will bring advanced expertise in the design and
manufacturing of high-complexity structural components made from aluminum and magnesium–
materials central to lightweight vehicle design. It will also add significant capacity and technology in
high-pressure die casting (HPDC), as well as expanded commercial reach, particularly across
premium European and Chinese OEMs.
Álvaro Fernández, Chairman of Nemak’s Board of Directors, said, “For over four decades, Nemak has been at the forefront of lightweighting solutions, supporting the world’s leading automakers in their pursuit of innovation and sustainability. The integration of GF Casting Solutions automotive business will mark a new chapter in our journey—one that expands our global reach and long-term perspective.”
Armando Tamez, CEO of Nemak, said, ““GF Casting Solutions automotive business will significantly enhance Nemak’s technological capabilities and enable the offering of more comprehensive solutions in high-growth, non-ICE components—particularly in structural, chassis, and EV applications. Its strong reputation for excellence and reliability aligns with Nemak’s values and long-term vision, reinforcing our
commitment to innovation and delivering value to our customers.”
The product portfolio consists of highly complex aluminum and magnesium components, with approximately 80% focused on e-mobility and structural/chassis applications, and the remaining 20% in other areas. The customer base spans leading Western OEMs—including Audi, BMW, Jaguar Land Rover, Mercedes-Benz, Porsche, Stellantis, Volkswagen, and Volvo—as well as prominent Chinese automakers such as BYD, Denza, Geely, Hongqi, Li Auto, Nio, Xpeng, and Zeekr.
The acquisition is expected to close in the second half of 2025, subject to customary regulatory
approvals and other standard conditions.
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