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Brose Sitech acquires stake in Covercar · Endata

◂ Announcements

Mar 1, 2025ACQUISITION

Brose Sitech acquires stake in Covercar

Seat manufacturer Brose Sitech acquired a stake in the southern European company Covercar, preparing for the launch of the Volkswagen ID.1 electric car to be built in Portugal or Spain.

Status

Announced

Productsseat coversautomotive seating

CompaniesBrose Sitech acquirer Covercar target

Sectors#Automotive Components

“Der Sitzhersteller kauft sich beim südeuropäischen Unternehmen Covercar ein.”braunschweiger-zeitung.de

1 source
braunschweiger-zeitung.deVW-Partner Brose Sitech wappnet sich für Anlauf des ID.1Thomas KruseMar 1, 2025

Summarized from public sources; check the original articles before acting on it.

More from Brose Sitech

Oct 28, 2026NEW FACILITYBlythewood, Richland County, South Carolina, United States$29.5M330 jobs
Brose Sitech selects Richland County, S.C. for first US manufacturing facility
Brose Sitech Scout Motors customer textileworld.com
Jan 5, 2022PARTNERSHIPPolkowice, Poland5,000 jobs
Brose and Volkswagen launch joint venture Brose Sitech for seat systems
Brose Sitech Brose partner volkswagen-group.com webwire.com industryeurope.com

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