Gentherm to acquire Alfmeier’s automotive seating business

News
M&A

Acquisition will enable Gentherm to expand thermal and pneumatic portfolio for seating solutions

Gentherm has announced via press release on 4 May it entered into a definitive purchase agreement to acquire automotive seating business of Alfmeier Präzision SE (Alfmeier) for EUR177.5 million (USD186.69 million).

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