Burscheid, Germany - Automotive seating and interiors supplier Johnson Controls has completed its acquisition of the C. Rob. Hammerstein Group (CRH), a supplier of high-quality metal seat structures, components and mechanisms.
CRH's headquarters and main development facilities are in Solingen, Germany.
Johnson Controls said the acquisition was approved 14 Jan 2011 by the European Commission in Brussels.
"Our goal is to establish a best-in-class metals organisation within the seating components business," said Beda Bolzenius, vice president, Johnson Controls and president, Automotive Experience.
"The CRH acquisition advances our strong market position by expanding global manufacturing capabilities. Furthermore, it enhances our potential for innovation and complements our product and technology portfolio."
The acquisition also enables vertical integration into the premium vehicle segments, where CRH has a proven track record, and technology transfers into the high volume segments, said Johnson Controls.
Johnson Controls added that it sees the combined footprint of the businesses as creating new opportunities for growth, particularly in emerging markets like China and Eastern Europe. The acquisition includes 11 locations (without joint ventures) across seven countries worldwide. The company has about 3600 employees.
PIC: Johnson Controls' European HQ in Burscheid, Germany