Johnson Controls Inc.âs acquisition of Germany-based Keiper GmbH & Co. KG and the automotive sport-and-specialty seat business of Recaro GmbH & Co. KG will prove mutually beneficial, a spokesman says. JCI Thursday announced an agreement to purchase seat-supplier Keiper, which controls Recaro. The deal, subject to anti-trust approval, is slated to be completed early next year. Keiper spokesman Tilman Schaefer says it will provide U.S.-based JCI with access to the growing China ...
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