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Proma Group signed an investment agreement to take over Recaro Automotive, rescuing the seat maker from bankruptcy. Recaro will relaunch in Europe in January 2025, with OEM production moving to Italy.
Proma Group has signed an investment agreement to take over Recaro Automotive GmbH in Germany, allowing operations to continue and relaunch across Europe in January 2025.
| Site | Largest | Latest |
|---|---|---|
| Germany | 2024-12-05 |