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Wagon is to sell five metal stamping plants to SONAS for £10m, including the transfer of 948 staff at sites in Tyseley, Wantage and France.
Wagon is to acquire Oxford Automotive, the automotive metal components supplier with 3,300 staff in France, Germany and Turkey, for £128m.
Wagon has acquired FKT, the German manufacturer of automotive sun blinds and cargo management systems with 115 staff, for an initial £4m.
Wagon has sold Hawtal Whiting, the US-based engineering consultancy, to Acro Service Corp for £0.4m.
Wagon is to sell its storage systems business to private equity group Whittan Investments for £60m, in order to focus on the manufacture of large vehicle structures.
Wagon has won contracts worth £400m to manufacture lightweight body shells for two new car models, which is expected to lead to the development of new factories in the West Midlands and eastern France.
Wagon is considering plans to build an aluminium car parts factory in the West Midlands, with the creation of hundreds of jobs.
Wagon is acquiring the remaining 80% of Aries Structures, the French car doors supplier, for £77m.
Wagon has sold its Forkardt workholding operations to management for £11m, in order to focus on the automotive and storage sectors.
WST Engineering has acquired Wilmid, the supplier of metal tube components to the auto industry, from Wagon Industrial for £1.9m.
Wagon Industrial has acquired YMOS Door Systems, the German maker of car doors, for £46m.
Linde of Germany has acquired Wagon Industrial's retail systems division, which makes fittings for large stores, for £33m.