Yanfeng to acquire Adient's stake in China seating JV

Yanfeng has agreed to acquire Adient's 49.99% share in the Yanfeng Adient Seating joint venture in China, taking full ownership of the JV, its 16,000 employees, 55 manufacturing facilities, and a technical center.

“Yanfeng has agreed to acquire Adient’s 49.99 per cent share in the Yanfeng Adient Seating joint venture in China.”drivingvisionnews.com

• 1 source
• drivingvisionnews.comYanfeng to Buy Out Adient in China Seating JV - DVNPhilippe AumontMar 18, 2021

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