Brose Sitech to acquire Proseat from Sekisui House.

Brose Sitech, a company that specializes in the production of complete seat systems, car seat structures, and components, agreed to acquire Proseat, a company that specializes in manufacturing innovative seating foam technologies and interior components for the automotive industry, from Sekisui House, a residential developer company. Financial terms were not disclosed. "We are glad to have found an established and competent automotive foam manufacturer as Proseat and look forward to working out next strategic steps. The planned vertical integration will strengthen our presence as a seat system supplier and give our company new possibilities on the automotive market to work with a broader base of customers on interior solutions," Florian Müller, Brose Sitech CFO.