Recaro Automotive GmbH, the German arm of the storied seat brand, is now safe from bankruptcy, thanks to a new investor in the form of Proma Group, an Italian company. The aftermarket and OEM seat ...

Around the same time, RECARO will be able to resume offering aftermarket seat options for customers, with production relocating to new facilities in Italy. Our investment in RECARO Automotive will ...

While Recaro also builds seats for aircraft and—believe it or not—gaming, only the automotive division is insolvent, as it was sold to Johnson Controls in 2011. Johnson Controls morphed into ...