Viewing entries tagged with 'Sage Automotive Interiors'

Sage to acquire Adient’s automotive fabrics business

Automotive seating supplier Adient is to sell its automotive fabrics manufacturing business, including its lamination business, to Sage Automotive Interiors, a subsidiary of Asahi Kasei, for US$175m.

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Asahi Kasei chases automotive growth

Following July’s announcement of the acquisition of Sage Automotive Interiors, the world’s largest manufacturer of car seating fabrics, Japanese conglomerate Asahi Kasei is looking to triple its sales of around €1bn to the automotive industry in 2017 to €3bn by 2025.

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Sage Automotive Interiors acquires Apollo

Sage Automotive Interiors has acquired the automotive manufacturing assets of Italy-based Apollo with the aim of expanding capacity and capability for automotive interior products to the European market.

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Sage Automotive acquires Miko

Private equity-backed Sage Automotive Interiors has acquired Miko, which makes suede-like automotive interior fabrics, for an undisclosed amount.

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Gores puts Sage Automotive Interiors up for sale

Earlier this year, private equity firm Gores Group put Sage Automotive Interiors up for sale more than two years after buying the company. Nomura is understood to be advising on the process.

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