Lear Corporation to Acquire I.G. Bauerhin for €140 Million

May 20, 2022

Lear Corporation entered into a definitive agreement to acquire I.G. Bauerhin (IGB) for €140 million on a cash- and debt-free basis. The acquisition is expected to close in the next six to nine months, subject to regulatory approvals and customary closing conditions, and will expand Lear’s thermal comfort capabilities into active cooling.

Buyers
Lear Corporation
Targets
I.G. Bauerhin (IGB)
Industry
Manufacturing
Location
Germany
Transaction Type
Buyout

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