Proma Group acquires Recaro Automotive’s operations in Germany

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M&A
ATI News Team

Recaro Automotive’s operations in North America and Japan and its JV operations in mainland China remain unaffected by this change in ownership

On Dec. 4, 2024, Proma Group, an Italy-based automotive supplier, signed an investment agreement with Recaro Automotive GmbH to acquire its struggling business in Germany.

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