Adient signs definitive agreement to acquire Futuris Group

News
M&A

Acquisition to boost Adient’s annual revenue by around USD500 million

Adient has reached a definitive agreement to acquire Futuris Group for approximately USD360 million, the US-based automotive seating and interior supplier said in a press release today (21 August). The company expects to complete the transaction, subject to various customary closing conditions, by the end of the current quarter on 30 September 2017.

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