Sage Automotive Interiors completes acquisition of Adient's automotive fabric business

Sage Automotive Interiors, an Asahi Kasei company, completed its acquisition of Adient's automotive fabric business for $175 million. The deal expands Sage's capacity and capability in the European automotive interior market.

“Strengthening our position in Europe will enable us to better support multiple OEMS locally and more broadly as we combine the best of both company operations.”businesswire.com

• 2 sources
• businesswire.comSage Automotive Interiors Completes Acquisition of Adient’s Automotive Fabric BusinessSidney LockeOct 1, 2020
• nonwovens-industry.comSage Completes Acquisition of Adient’s Automotive Fabrics Business - Nonwovens IndustrySaveOct 5, 2020

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