Johnson Controls buys Keiper Recaro auto seat business

A little off the usual beaten path – automotive interior systems and electronics supplier Johnson Controls has signed a purchase agreement with Putsch Holding to acquire Keiper Recaro’s automotive business.

According to the agreement, Johnson will take over the German company’s automotive business, and with it approximately 4,750 employees globally in seven countries. This includes Kaiserslautern-based Keiper, which develops and manufactures components for vehicle seats, metal seat structures and complete seats for commercial vehicles, as well as the Recaro automotive division, which is a name that should be familiar to motorheads. Putsch Holding will retain the rights to the Recaro brand – JC will be granted a long-term license for exclusive, worldwide use of the brand for automotive and commercial vehicle seats.

The aircraft seating company Recaro Aircraft Seating, the child safety seat specialist Recaro Child Safety and the upholstered furniture manufacturer Recaro Home are not included in the sale, and also excluded from the transaction are Keiper’s operations, business and entity in Brazil.

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