Adient agrees to acquire automotive seating supplier Futuris Group

Adient PLC signed a definitive agreement to acquire Futuris Group for approximately $360 million, including assumption of $18 million net debt. Futuris is a global designer and manufacturer of automotive seating and interior systems.

“Futuris has a rapidly growing book of business that strengthens our position with West Coast customers, improves our utilization rates in North America and expands our business in Southeast Asia.”adient.com

• 5 sources
• adient.comAdient agrees to purchase automotive seating supplier Futuris GroupAug 21, 2017
• adient.comAdient Completes Acquisition of Futuris GroupSep 25, 2017
• premium.goauto.com.auSeating supplier Futuris sold to AdientTerry MartinSep 28, 2017
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