GF has completed the divestment of its iron foundry in Leipzig (Germany) to Linamar Corp., a global manufacturer of advanced mobility and industrial solutions headquartered in Canada, effective end of day on 31 December 2025. The successful closing represents one of the final steps in GF's transformation into a pure-play Flow Solutions company.

The transaction value amounts to approximately EUR 45 million. With the closing, the iron foundry's around 300 employees and operations in Leipzig transfer to Linamar. The foundry was previously part of the GF Casting Solutions division, for which a divestment agreement covering most of its business was signed on 30 July 2025.

"This divestment marks another key step in aligning the Group fully with its strategic focus on Flow Solutions for Buildings, Industry and Infrastructure," says Andreas Müller, GF CEO. "We thank the Leipzig foundry team for their dedication and are pleased they will continue their journey with Linamar."