# Lear Corporation completes acquisition of I.G. Bauerhin

Lear Corporation has completed the acquisition of I.G. Bauerhin (IGB), a provider of automotive seat heating, ventilation, and cooling systems, for €140 million. The deal expands Lear's Thermal Comfort Systems portfolio.

- Type: Acquisition
- Announced: 2023-05-04
- Value: $154.0M (140.0M EUR)
- Status: completed
- Products: seat heating, ventilation, active cooling, steering wheel heating, seat sensors, electronic control modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lear Corporation](https://endata.com/companies/1874.md) (acquirer)
- [I.G. Bauerhin](https://endata.com/companies/21670.md) (target)

## Sources

- [technicaltextiles.in](https://www.technicaltextiles.in/lear-corporation-completes-acquisition-of-igb-to-expand-thermal-comfort-systems-portfolio/), 2023-05-04: "Our customers are adopting thermal comfort systems in both internal combustion engine and electric vehicle segments ranging from entry-level to high-end luxury."

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