Nemak

What Nemak does

Nemak, S.A.B. de C.V. (BMV: NEMAK) is a Mexican-domiciled, publicly listed tier-1 automotive components manufacturer founded in 1979 and headquartered in García, Nuevo León. The company specializes in the design, development, and manufacturing of aluminum and magnesium high-pressure die casting (HPDC) components for powertrain, body structure, chassis, and e-mobility applications, marketed as innovative lightweighting solutions for vehicle electrification and emissions reduction. Its core product portfolio spans multi-material aluminum components for internal combustion engines, battery enclosures, e-motor housings, structural cross-members, and chassis parts, with the portfolio meaningfully repositioned toward electric and hybrid vehicle applications following the February 2026 acquisition of GF Casting Solutions' automotive business from Georg Fischer (US$336 million; ~80% of acquired revenue tied to e-mobility and structural applications).

Nemak generates revenue primarily through long-term B2B supply contracts with global automotive OEMs, with products manufactured to customer specifications and delivered directly to OEM assembly facilities. Its go-to-market is enterprise field sales supported by dedicated account management and engineering co-development. The customer base spans premium European OEMs (Audi, BMW, Mercedes Benz, Porsche, Volkswagen, Jaguar Land Rover, Stellantis, Volvo) and a broad roster of Chinese EV manufacturers (BYD, Geely, Nio, Xpeng, Li Auto, Denza, Hongqi, Zeekr). Operations span Mexico, the United States, Germany, Austria, China, Romania, and Switzerland, with 10,000+ employees including approximately 2,500 added through the GF Casting Solutions deal. FY2024 revenue was US$4.9 billion; Q1 2026 revenue reached US$1.398 billion (up 15.3% year-over-year), with US$20.5 million of net profit reversing a prior-year loss.

The business model is contract-based B2B manufacturing: pricing is negotiated bilaterally with each OEM and is not publicly disclosed. Capital allocation has emphasized M&A and ESG-linked debt — a US$200 million green loan closed in December 2024 and a planned MX$8 billion (~US$462 million) bond issuance for July 2026 — alongside a CEO transition from Armando Tamez to Hervé Boyer effective April 1, 2026. Sustainability credentials include inclusion in the Dow Jones Sustainability Indices for six consecutive years and a CDP "A" rating for supplier engagement for the fifth time.

Name

Nemak

Legal name

Nemak, S.A.B. de C.V.

Website

https://nemak.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Nemak is a Mexican tier-1 automotive components manufacturer specializing in aluminum and magnesium high-pressure die casting for powertrain, structural, and e-mobility applications, supplying major global OEMs including premium European brands and Chinese EV manufacturers.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

SIC

Nonferrous Foundries (Castings) (3360)

akta.pro primary industry

Frames, Chassis & Structural Components Manufacturing (IMACAOAG)

akta.pro secondary industries

Aluminum Fabrication & Finishing (Machining, Anodizing, Coating) (IMAKACAI), Assembly, Conversion Kits & OEM/ODM Contract Manufacturing (IMACAOAL)

Keywords

• Automotive die casting
• Lightweight aluminum components
• Powertrain components manufacturing
• EV structural components
• High pressure die casting

Headquarters

HQ city

Garcia

HQ country

Mexico

HQ region

Latin America

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Automotive Component Manufacturing: Nemak generates revenue through the design, development, and manufacturing of aluminum automotive components sold directly to automotive OEMs. Revenue is derived from long-term supply contracts with major global automakers for powertrain, body structure, and e-mobility applications.
2. GF Casting Solutions Integration: Post-acquisition revenue stream from GF Casting Solutions' automotive business, generating approximately US$707 million in revenue in 2024, with capabilities in aluminum and magnesium structural components for electromobility applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Nemak designs, develops, and manufactures lightweight aluminum and magnesium components for the global automotive industry, serving powertrain, body structure, and e-mobility applications. Its portfolio includes high-pressure die casting (HPDC) components such as battery enclosures, e-motor housings, structural cross-members, and chassis parts supplied directly to automotive OEMs. The offering was expanded in 2026 through the US$336 million acquisition of GF Casting Solutions, adding nine plants and capabilities focused on electromobility.

Product overview

Nemak is a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of multi-material aluminum components. Its product portfolio centers on lightweight aluminum components for powertrain (ICE and e-motor), body structure, and chassis applications, expanded significantly through the acquisition of GF Casting Solutions which added high-pressure die casting (HPDC) capabilities and aluminum/magnesium structural components. The combined portfolio serves both traditional ICE powertrain needs and rapidly growing e-mobility markets (~80% of new acquisitions supporting EV applications), providing structural, chassis, and electrification components to premium European, American, and Chinese automotive OEMs.

Differentiator

Problem solved

Functional benefit

Products and services

• Lightweight Aluminum Components

Quantifiable outcome

• Q1 2026 revenue increased 15.3% to US$1.398 billion
• +4 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

One partnership is on record.

• GF Casting Solutions (Georg Fischer)coreStrategic or Co-development Partner · 1 December 2025Acquisition of GF Casting Solutions' automotive division for US$336 million, adding 9 manufacturing plants across Europe, Asia, and North America, approximately 2,500 employees, and R&D center in Switzerland. The acquired business focuses on aluminum and magnesium structural components with ~80% dedicated to electromobility applications.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Shiloh Industries: Specializes in lightweight aluminum and magnesium castings and engineered metal solutions for automotive OEMs, with overlapping structural-component and noise/vibration/lightweighting technology—making it one of the closest direct comps to Nemak's HPDC business.
• Martinrea International: Canadian tier-1 supplier producing aluminum castings, assemblies, and lightweight structural components for global OEMs; directly comparable to Nemak in customer base (Ford, GM, Stellantis) and HPDC technology profile.
• Endurance Technologies: Indian auto component manufacturer with a strong aluminum die-casting franchise serving ICE and two-wheeler/four-wheeler OEMs; comparable to Nemak in die-casting scale and OEM supply model, especially across global consolidation strategies.
• Sandhar Technologies: Indian-listed automotive components maker with an aluminum die-casting and locking/security systems business serving global OEMs; competes directly with Nemak on HPDC components and has overlapping two-wheeler/four-wheeler OEM customers.
• Linamar Corporation: Canadian tier-1 supplier with a significant light-metal die-casting and powertrain components segment; overlaps with Nemak's structural and powertrain castings portfolio and serves many of the same North American and European OEMs.
• Ryobi Limited: Japanese holding with one of the world's largest aluminum die-casting operations (Ryobi Die Casting) serving Japanese and global OEMs; directly comparable to Nemak on HPDC scale, process technology, and ICE-to-EV structural casting transition.

Broad incumbents

• Magna International: Largest North American tier-1 supplier, including the former Tower International aluminum castings business; broader portfolio than Nemak but directly comparable in die-cast structural components, body-in-white, and e-mobility adjacencies.
• Constellium: Global aluminum products company (sheet, extrusions, automotive structures) supplying OEMs with lightweight components; adjacent peer to Nemak given shared automotive lightweighting thesis but operating further upstream in flat-rolled and extruded aluminum rather than HPDC.

Emerging players

• Bharat Forge: Indian-listed auto component leader expanding from forgings into aluminum chassis and EV structural components; comparable in light-metal OEM content strategy and EV pivot, though its core historic mix is forging-based rather than castings.

Others

• GF Casting Solutions (Georg Fischer): Swiss industrial group whose automotive die-casting business was acquired by Nemak in February 2026 for US$336 million; included as a relevant comp given the recent ownership history, but now part of Nemak rather than an independent peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NemakGlobal
• LinkedInlinkedin.com/company/nemak
• Xx.com/Nemak_Global

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nemak