Lear completes acquisition of U.S.-based fabric manufacturer Guilford Mills  [ USA ]

Lear Corporation announced that it has completed the acquisition of Guilford Mills based in North Carolina, the U.S., which manufactures fabrics for the automotive and specialty markets. The purchase price was 257 million USD. The acquisition includes twelve locations in eight countries and approximately 1,600 employees globally. (From a press release on May 31, 2012)
<May 31, 2012>