# Lear to acquire Grupo Antolin's automotive seating business for €286M

Lear Corporation signed a definitive agreement to acquire Grupo Antolin's automotive seating business for €286 million on a cash and debt free basis. The business is headquartered in France with operations in five European countries.

- Type: Acquisition
- Announced: 2017-02-06
- Where: France
- Value: $304.0M (286.0M EUR)
- Status: announced
- Products: automotive seating systems, seat structures, seat mechanisms, seat trim
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lear Corporation](https://endata.com/companies/1874.md) (acquirer)
- [Grupo Antolin](https://endata.com/companies/21987.md) (target)

## Sources

- [lear.com](https://www.lear.com/newsroom/lear-signs-definitive-agreement-to-acquire-grupo-antolins-automotive-seating-business), 2017-02-06: "The acquisition of Grupo Antolin's seating business in Europe is another important step in strengthening our core seating business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.