Adient sells Recaro Seating to investment firm

Automotive seating supplier Adient has sold its Recaro Automotive Seating business to Raven Acquisitions, a Detroit, Michigan, USA-based, privately owned investment corporation in a transaction effective on 1 January.

The decision comes as Adient works to bring itself back to profitability.

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Posted by Geoff Fisher on 9 March 2020



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