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Germany

Brose Sitech to acquire German foam manufacturer Proseat

Brose Fahrzeugteile SE & Co. KG (Brose)’s joint venture Brose Sitech has signed a share purchase agreement to acquire Proseat, a German foam manufacturer headquartered in Mörfelden.
The transaction is subject to antitrust merger approval by the EU Commission as well as other closing conditions, with completion expect....

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