Molex Zetronic S.r.l. Unico Socio proposed a non-binding offer to acquire Grugliasco Plant of Lear Corporation (NYSE:LEA) on March 9, 2026. This acquisition focuses on protecting employment and resolving the corporate crisis caused by Lear's decision to cease operations at Grugliasco site.
Stefano Variano, Edoardo Predomi of BDO Advisory Services Srl acted as financial advisor to Zetronic SRL. Gianni & Origoni acted as legal advisor to Lear Corporation.
Molex Zetronic S.r.l. Unico Socio completed the acquisition of Grugliasco Plant of Lear Corporation (NYSE:LEA) on May 11, 2026.
Lear Corporation is a global automotive technology company. The Company's segments include Seating and E-Systems. The Company's Seating segment consists of the design, development, engineering and manufacture of complete seat systems and key seat components. Its key seat component product offerings include seat trim covers; surface materials such as leather and fabric; seat mechanisms; seat foam; headrests; and thermal comfort systems such as seat heating, ventilation, active cooling, pneumatic lumbar and massage products. Its E-Systems segment consists of the design, development, engineering and manufacture of complete electrical distribution and connection systems; high-voltage power distribution products, including battery disconnect units (BDUs); and low-voltage power distribution products and electronic controllers. These capabilities enable it to provide its customers with customizable solutions with optimized designs for both low-voltage and high-voltage vehicle architectures.
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