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Lear invests in seat heating and cooling supplier

News
Acquisition, divestment & Spinoff

Two companies did not disclose financial terms of the deal

Lear announced yesterday (8 September) that it has "entered into a strategic partnership with Tempronics, pursuant to which Lear obtained a minority interest" in the supplier, as well as securing exclusive rights to its thermoelectric seat heating and cooling technology for automotive applications, according to a company press release.

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