Magna International Overview
- Investor Type
-
Strategic Acquirer
- Status
-
Active
- Professionals
-
9
- Investments
-
75
- Portfolio
-
26
- Exits
-
24
Magna International General Information
Company Description
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines the distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.
Business Details
Investor Status
Primary Investor Type
Corporate Office
- 337 Magna Drive
- Aurora, Ontario L4G 7K1
- Canada
Magna International Investments & Acquisitions (75)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Lumaegis | 12-Mar-2025 | Seed Round | Medical Supplies | Product Development | ||
| HE System Electronic | 31-May-2024 | Electronic Equipment and Instruments | Generating Revenue | |||
| Sanctuary AI | 27-Mar-2024 | Application Software | Generating Revenue | |||
| SDVerse | 05-Mar-2024 | Automotive | Startup | |||
| Yulu | 22-Feb-2024 | Automotive | Generating Revenue | |||
| Uhnder | 21-Feb-2024 | Application Specific Semiconductors | Generating Revenue | |||
| Niron Magnetics | 20-Feb-2024 | Other Materials | Generating Revenue | |||
| Veoneer (Active Safety Business) | 31-May-2023 | Automotive | Generating Revenue | |||
| Yuma (Automotive) | 02-Feb-2023 | Joint Venture | Automotive | Generating Revenue | ||
| Seeing Machines | 06-Oct-2022 | PIPE | Business/Productivity Software | Generating Revenue/Not Profitable |
Magna International Exits (24)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Blaize | 13-Jan-2025 | Reverse Merger | |
| Magna International (India Business) | 21-Feb-2024 | ||
| Magna International (Russian Business) | 11-Aug-2023 | ||
| Taxi Karma | 01-Feb-2023 | ||
| Magna (European Powe and Vision Operation) | 01-Jan-2023 | ||
| Axsus | 19-Jul-2022 | ||
| Light Mobility Solutions | 01-Jul-2021 | ||
| Innoviz Technologies | 06-Apr-2021 | ||
| Lyft | 29-Mar-2019 | IPO | |
| Magna International (Global Fluid Pressure & Controls Business) | 29-Mar-2019 | Merger/Acquisition |
Magna International Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Magna International Co-Investors (41)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Artiman Ventures | 1 |
|
|
||
| Continental |
|
|
|||
| Qualcomm Ventures |
|
|
|||
| Samsung Venture Investment |
|
|
|||
| Temasek Holdings |
|
|
Magna International Affiliates
Subsidiaries (31)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Magna Powertrain FPC | Concord, Canada | 2018 | |
| Veoneer Us | Southfield, MI | 2017 | |
| Terradyne Armored Vehicles | Newmarket, Canada | 2011 | |
| Magna E-Car Usa | Holly, MI | 2010 | |
| Magna E-Car Systems Of America | Troy, MI | 2010 |
Magna International FAQs
-
What is Magna International?
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines the distribution of profits to various stakeholders.
-
When was Magna International founded?
Magna International was founded in 1957.
-
Where is Magna International headquartered?
Magna International is headquartered in Aurora, Canada.
-
How many investments has Magna International made?
Magna International has made 75 investments.
-
What has Magna International invested in?
Magna International has made numerous investments in companies like Lumaegis, HE System Electronic, and Sanctuary AI within the Medical Supplies, Electronic Equipment and Instruments, and Application Software industries.
-
What has Magna International invested in recently?
Magna International's latest investment was on 12-Mar-2025 in Lumaegis, a company within the Medical Supplies industry.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
