# Adient to sell seating mechanism IP to AYM for $20M

Adient will sell certain patents and intellectual property used in its seating mechanisms business to Adient Yanfeng Seating Mechanism (AYM) for $20 million, with a license back.

- Type: Acquisition
- Announced: 2020-01-31
- Where: China
- Value: $20.0M
- Status: announced
- Products: seating mechanisms
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Adient](https://endata.com/companies/17892.md)
- [Adient Yanfeng Seating Mechanism](https://endata.com/companies/44930.md) (acquirer)

## Sources

- [dbusiness.com](https://www.dbusiness.com/daily-news/adient-in-plymouth-township-to-restructure-jv-with-yanfeng-to-boost-shareholder-value/), 2020-01-31: "Adient will sell certain patents and other intellectual property exclusively used in its seating mechanisms business to Adient Yanfeng Seating Mechanism (AYM) for $20 million."

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