Lear Corporation Mergers and Acquisitions


Lear Corporation

21557 Telegraph Road
Southfield, MI 48034-7610
United States
Tel:1/248/447-1500
URL: http://www.lear.com
Primary Symbol & Exchange:
LEA - Common Stock - New York Stock Exchange
Industry:
Automotive
Lear Corporation Company Snapshot

Lear Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Lear Corporation M&A History


Lear Corp seeking buyer Lear Corp seeking buyerJul 06, 2009

US - In July ####, bankrupt Lear Corp, a Southfield-based manufacturer and wholesaler of automobile interior systems, announced that it was seeking for a buyer for the company.

Furukawa Electric Co Ltd acquires Lear-Furukawa Corp from Lear Corp Furukawa Electric Co Ltd acquires Lear-Furukawa Corp from Lear CorpApr 06, 2009

US - Furukawa Electric Co raised its interest to ##% from ##%, by acquiring a ##% interest in Lear-Furukawa Corp, an El Paso-based manufacturer of wire harnesses, from its joint venture partner Lear Corp, for an estimated USD #.

Lear Corp acquires China New Trend Group Co-Bus from China New Trend Group Co Ltd (pending) Lear Corp acquires China New Trend Group Co-Bus from China New Trend Group Co Ltd (pending)Jun 13, 2008

CHINA - Lear Corp agreed to acquire a ##% interest in the automotive fabric business of China New Trend Group Co Ltd, an automobile trim manufacturer and wholesaler. Terms were not disclosed.

Adler Srl acquires Lear Corp Italia SpA-ISD Bus from Lear Corp Adler Srl acquires Lear Corp Italia SpA-ISD Bus from Lear CorpJun 28, 2007

ITALY - Adler Srl acquired the ISD business of Lear Corp Italia SpA, a Grugliasco-based manufacturer of automotive parts and components, a unit of Lear Corp.

Hayashi Telempu acquires remaining interest in Amtex Inc from Lear Corp Hayashi Telempu acquires remaining interest in Amtex Inc from Lear CorpMay 14, 2007

US - Hayashi Telempu acquired the remaining ##% interest, which it did not already own, in Amtex Inc, a manufacturer of motor vehicle parts, from Lear Corp.

Intl Automotive Components Grp acquires Lear Corp-North Amer Interior from Lear Corp Intl Automotive Components Grp acquires Lear Corp-North Amer Interior from Lear CorpApr 02, 2007

US - International Automotive Components Group North America LLC (IA), a joint venture among WL Ross & Co LLC, Lear Corp (LC) and Franklin Mutual Advisors Inc, a unit of Franklin Templeton Investments, acquired the North American interior business of LC, a

American Re Partners LP withdraws offer for Lear Corp American Re Partners LP withdraws offer for Lear CorpFeb 05, 2007

US - American Real Estate Partners LP withdrew its plan to acquire the remaining ##.##% interest, or ##.### mil common shares, in Lear Corp, a manufacturer and wholesaler of automotive interiors, for a sweetened $##.## in cash per

Carl Icahn acquires a minority stake in Lear Corp Carl Icahn acquires a minority stake in Lear CorpNov 08, 2006

US - Mr Carl Icahn acquired a ##.##% stake, or #.### mil common shares, in Lear Corp, a manufacturer and wholesaler of automotive interior systems, for $## per share, or a total value of $### mil, in open market transactions.

Intl Auto Components Grp LLC acquires Lear Corp - European Bus from Lear Corp Intl Auto Components Grp LLC acquires Lear Corp - European Bus from Lear CorpOct 16, 2006

GERMANY - IAC Acquisition Corp Ltd (IAC), a joint venture between WL Ross & Co LLC and Franklin Mutual Advisors Inc, a unit of Franklin Templeton Investments, acquired the European Interior business of Lear Corp, a manufacturer and wholesaler of automotive interior

Schleuniger AG acquires GHW Grote & Hartmann GmbH from Lear Corp Schleuniger AG acquires GHW Grote & Hartmann GmbH from Lear CorpNov 15, 2004

GERMANY - Schleuniger AG of Switzerland, acquired GHW Grote & Hartmann GmbH (GH), a Wuppertal-based manufacturer of terminals and connectors, from Lear Corp. On completion, GH was renamed Schleuniger Automation GmbH.

Savoy Moulage International acquires GHW France from Lear Corp Savoy Moulage International acquires GHW France from Lear CorpOct 01, 2004

FRANCE - Savoy Moulage International SAS acquired GHW France, a manufacturer of automobile parts, from Lear Corp.

Lear Corp acquires GHW Grote & Hartmann GmbH Lear Corp acquires GHW Grote & Hartmann GmbHJul 06, 2004

GERMANY - Lear Corp of the US acquired the entire ordinary share capital of GHW Grote & Hartmann GmbH, a Wuppertal-based manufacturer of terminals and connectors, junction boxes and machinery to produce wire harnesses, from the family shareholders, for ###.##

Dongfeng Automobile Co-Assets acquires Lear Corp-Assets from Lear Corp Dongfeng Automobile Co-Assets acquires Lear Corp-Assets from Lear CorpMar 04, 2004

CHINA - Dongfeng Automobile Co Ltd (DAC) merged assets with the assets of Lear Corp (LC), a manufacturer of automobile parts, to form an undisclosed joint venture. On completion, DAC and LC each held ##% in the joint venture.

Lear Corp acquires a minority stake in Interni SpA Lear Corp acquires a minority stake in Interni SpAAug 01, 2002

ITALY - US-based Lear Corp acquired a #% stake in Interni SpA, for #.### mil euros ($#.### mil).

Lear Corp Austria GmbH acquires Atomic Austria-Ski Boot Prdn from Amer Group Ltd (pending) Lear Corp Austria GmbH acquires Atomic Austria-Ski Boot Prdn from Amer Group Ltd (pending)May 21, 2002

AUSTRIA - Lear Corp Austria GmbH, a unit of Lear Corp of the US, planned to acquire the ski boot production unit from Amer Group PLC's Atomic Austria GmbH subsidiary. Terms were not disclosed.

Lear Corp acquires a minority stake in Hanyil Co Ltd Lear Corp acquires a minority stake in Hanyil Co LtdApr 29, 2002

SOUTH KOREA - Lear Corp acquired a ##% stake, or .### mil ordinary share, in Hanyil Co Ltd, a car seats manufacturer, in a privately negotiated transaction. Terms were not disclosed.

Soroc Products Inc acquires Lear-Byron Ctr Plastics Div from Lear Corp Soroc Products Inc acquires Lear-Byron Ctr Plastics Div from Lear CorpMay 01, 2001

US - Soroc Products Inc acquired the Byron Center Plastics division of Lear Corp, a manufacturer and wholesaler of automotive interior systems.

Polytech Klepsch & Co GmbH acquires Lear Corp-SMC Facilities(2) from Lear Corp Polytech Klepsch & Co GmbH acquires Lear Corp-SMC Facilities(2) from Lear CorpApr 02, 2001

SWEDEN - Polytech Klepsch & Co GmbH, of Austria, acquired two SMC facilities, located in Ljungby and Mondovi in Italy, from Lear Corp, of the US. Terms were not disclosed. The facilities manufacture moulded polyurethane parts for car manufacturers.

Enterprise Merchant Bank Inc acquires Lear Corp-Automobile Parts from Lear Corp Enterprise Merchant Bank Inc acquires Lear Corp-Automobile Parts from Lear CorpJun 17, 2000

US - Enterprise Merchant Banc Inc acquired # automobile parts divisions of Lear Corp, a manufacturer of automobile seats.

Bing-Lear Manufacturing Group acquires Lear Corp-Exterior Mirror Ops from Lear Corp Bing-Lear Manufacturing Group acquires Lear Corp-Exterior Mirror Ops from Lear CorpJun 05, 2000

US - Bing-Lear Manufacturing Group, a joint venture between Bing Manufacturing Inc and Lear Group, acquired the exterior mirror operations of Lear Corp, a manufatcturer of automotive interior products. Terms were not disclosed.

Lear Corporation M&A Summary


Lear Corporation has made 30 acquisitions while taking stakes in 2 companies. Lear Corporation has 34 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009001
2008000
2007003
2006002
2005000
2004103
2003000
2002020
2001002
2000002
1999602
1998600
1997400
1996201
1995101
1994101
1993102
1992000
1991101
1990101
1989000
1988000
1987004
1986008
1985000
1984300
1983100
1982100
1981100
Total30234

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