Proma Group to acquire Recaro Automotive.

Synopsis

Proma Group, a company specializing in automotive components manufacturing, agreed to acquire Recaro Automotive, a company focused on premium automotive seating systems. Financial terms were not disclosed. "Our investment in Recaro Automotive will strengthen our ability to deliver a premium seating product, while embracing the most cutting-edge innovations in the automotive sector," Luca Pino, Proma Group CEO.

Principals

target

RECARO

bidder

Proma Group

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Market Context

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Seller Team (1)

mark hiller

CEO at RECARO

Manager

target

Deals

n/a

Total Value

Bidder Team (3)

luca pino

CEO at PROMA GROUP

Manager

bidder

Deal

n/a

Total Value

maria cristina storchi

Partner at Gatti Pavesi Bianchi Ludovici

Lawyer

bidder

Deals

£ 4.45 B

Total Value

andrea garbarino

Associate at Gatti Pavesi Bianchi Ludovici

Lawyer

bidder

Deal

n/a

Total Value

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