# Gentherm to acquire Alfmeier's automotive business

Gentherm has entered into a definitive purchase agreement to acquire the automotive business of Alfmeier Präzision SE, a leader in automotive lumbar and massage comfort solutions, for an undisclosed amount. Alfmeier generated €232 million in revenue in 2021.

- Type: Acquisition
- Announced: 2022-05-04
- Where: Treuchtlingen, Germany, Germany
- Status: announced
- Products: automotive lumbar and massage comfort solutions, valve systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gentherm](https://endata.com/companies/637.md) (acquirer)
- [Alfmeier Präzision SE](https://endata.com/companies/62674.md) (target)

## Sources

- [ir.gentherm.com](https://ir.gentherm.com/news-releases/news-release-details/gentherm-acquire-alfmeiers-automotive-business-innovative-market/), 2022-05-04: "Gentherm ... announced today that it has entered into a definitive purchase agreement to acquire the automotive business of Alfmeier Präzision SE."

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