Johnson Controls Approved for Acquiring Keiper and Recaro Automotive

Johnson Controls, a global supplier of automotive seating, interiors and electronics, completed the previously announced acquisition of Keiper and Recaro Automotive. The European Commission in Brussels, Belgium approved the acquisition on June 17, 2011.

Keiper is a Germany-based manufacturer of seat recliner systems and is renowned for its engineering and manufacturing expertise in metals and mechanisms for automobile seats. Recaro Automotive offers complete seats for automakers and as aftermarket equipment. As part of the transaction, Johnson Controls also acquires the licensing rights for the exclusive global use of the Recaro trademark for the automotive industry. The acquisition includes 4,750 employees at 13 locations across seven countries, including two Keiper plants in Poland.

Through the integration of Keiper, Recaro Automotive and C. Rob Hammerstein, Johnson Controls is able to offer automakers a complete product range of metal components and mechanisms across all vehicle segments. This positions Johnson Controls as a global leader in seating components.