05:19 PM EDT, 10/20/2025 (MT Newswires) -- Martinrea International ( MRETF ) on Monday said it acquired the assets of Lyseon North America, a Tulsa, Oklahoma-based manufacturer of metal parts and assemblies for the bus market.

Financial details were not disclosed.

Martinrea ( MRETF ) said it will continue operations at the Tulsa facility and aims to expand the business over time. "This acquisition adds work for a great customer, International Motors; a new location strategically placed in the US; and an opportunity to grow our business and broaden our product offerings. We are excited to welcome the Lyseon team to Martinrea ( MRETF )," said President Fred Di Tosto.

Martinrea ( MRETF ) shares closed up $0.07 to $9.98 on the Toronto Stock Exchange.