Latco/Magna

IFBC has been mandated by Latco to prepare a valuation in the context of STAF to the attention of the Zug cantonal tax authority. The valuation of LATCO has been based on the DCF approach and considers tax-specific circumstances. The resulting value was benchmarked using multiples of comparable companies and transactions. Latco is as subsidiary of Magna International group. Latco engages in the production and trading of timing belt tensioners.