Adient Sells Recaro Seat Division

Automotive seating supplier Adient sold their Recaro premium automotive seating brand at the start of this year as the company works to bring themselves back to profitability. Recaro is now owned by Raven Acquisition, a privately-owned, Detroit-based investment corporation. Raven is led by a former Recaro executive and TCE Enterprises, a family investment company with…
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