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Johnson Controls buys RECARO

Johnson Controls buys RECARO

Rigval

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US automotive supplier Johnson Controls is about to take over the Keiper Recaro Group, famous for vehicle seats (both commercial and passenger vehicles) as well as metal seat frames and structures and those RECARO bucket seats that we all love. An agreement for the sale of Keiper Recaro Group was entered into between Putsch GmbH & Co. KG, the holding company for Keiper Recaro and Johnson Controls. Most may not have heard of Johnson Controls, but they actually are market leaders in automotive car interiors (dashboards, consoles, door trims, etc)and electronics (the integration of electronics into interiors) with 130,000 employees in 1,300 locations on 6 continents.

 

Not many have actually heard of Johnson Controls. Before actually knowing that they are one of the major players in the automotive industry I always thought of them to be either a pharmaceutical company or they did something related to pest control. This was a good couple of years back.

 

Anyway, if approval by anti-trust authorities is given for the sale to be carried out, the passenger and commercial vehicle lines under Keiper Recaro will be under Johnson Controls while Recaro Aircraft Seating, Recaro Child Safety (child safety seats) and home/office furniture manufacturer Recaro Home will not be included as part of the sale. What basically happens is that Putsch Holding (the previous owners of Keiper Recaro) will retain the rights to the Recaro brand but Johnson Controls are given a long term license for the exclusive worldwide use of the brand for automotive and commercial seats.

 

The reason for the sale is that Keiper Recaro




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