Brose and Volkswagen form joint venture Brose Sitech for seat systems

Brose and Volkswagen have received antitrust approval for their 50-50 joint venture Brose Sitech, which will develop and produce complete seat systems and interior solutions. The joint venture is expected to begin operations in early 2022.

“The antitrust authorities have issued all of the necessary approvals for the planned joint venture between Brose and Volkswagen, paving the way for the company to begin work as scheduled in early 2022.”brose.com

• 1 source
• brose.comPressReleaseBrose MexicoJun 9, 2021

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