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CTS to Operate as Independent Supplier Following Mutares Acquisition From Magna
['Europawire Pr Editor', 'Posted On']
EuropaWire
(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of Magna’s Car Top Systems business, establishing CTS as an independent global automotive supplier.
(PRESS RELEASE) MUNICH, 6-Aug-2026 — /EuropaWire/ — Mutares SE & Co. KGaA has completed the acquisition of the Car Top Systems business, known as CTS, from Magna.
The transaction establishes CTS as an independent global automotive supplier with specialist expertise in roof systems and aerodynamic kinematic systems.
CTS is recognised for decades of engineering expertise, established global customer relationships and operational excellence.
CTS serves leading global automotive manufacturers across the sports car, luxury, premium and high-volume vehicle segments.