Magna International to Divest $1.1B Lighting and Rooftop Systems Businesses
Magna International signed three definitive agreements to divest its Lighting and Rooftop Systems businesses, which together generated about $1.1 billion in global sales in 2025. All transactions, separating North America, South America and China lighting from European operations, are expected to close in the second half of 2026.
1. Transaction Details
Magna International entered definitive agreements to sell its global Lighting operations in North America, South America, and China to one investment firm, and its European Lighting and Rooftop Systems units to another.
2. Segment Sales Performance
In 2025 the Lighting and Rooftop Systems segments generated approximately $1 billion and $100 million in combined global sales, respectively, contributing about $1.1 billion to Magna’s Power & Vision segment revenue.
3. Expected Timeline and Conditions
All three divestiture transactions are expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions.
4. Financial Outlook Impact
Magna does not anticipate any change to its 2026 adjusted earnings per diluted share outlook following these portfolio adjustments, as the divestitures align with its long-term growth and margin objectives.