Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Ukraine
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
January 13, 2011 12:00 AM

Magna Seating buys Pabsa in South America

Utech Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Sao Paulo, Brazil -- Magna Seating announced 12 Jan 2011 that it continues its growth in South America with the acquisition of automotive seat supplier Pabsa SA. The new entity will operate as Magna Seating Argentina.

    Pabsa, previously part of the L'Equipe Monteur Group, is based in Buenos Aires, Argentina, and is a vertically integrated supplier of complete seats, foam products, trim covers and seat structures, said Magna, in its statement. In 2010, Pabsa had sales of about $110 million.

    Magna Seating is a unit of Magna International, which develops and manufactures complete seating solutions and mechanisms.

    According to the seat maker, the acquisition -- which includes two production facilities in Buenos Aires and one in Cordoba, Argentina, and has about 960 employees - "increases Magna Seating's global footprint and further positions the company as a leading supplier of automotive seating solutions in South America."

    Joe Pittel, president of Magna Seating, said, "We continue to make a significant commitment to the South American automotive market and our global OEM customers," adding that recent acquisitions have strengthened Magna's position to support customers' global platforms.

    The acquisitions include automotive seating supplier Resil Minas, and Magna has also set up a plant in the Sao Paulo area to produce complete seats for General Motors and Volkswagen.
    "

    Recommended for You
    Jaguar TCS Racing Formula E car Aero wrap 800
    Aero’s urethane films add to Jaguar Formula E cars’ sustainable credentials
    Hexion
    Hexion’s “safer” alternative to 2-ethylhexanoic acid meets ECHA demands
    A smiling executive wearing a suit and tie, standing in front of the Pearl Polyurethanes Systems logo.
    Pearl expands into Egypt, appoints regional sales head
    Latest Issue
    UTech April/May 2023
    Get the latest edition here
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Crain Communications
    11, Ironmonger Lane
    London
    EC2V 8EY
    United Kingdom

    Editorial
    Phone +44 (0) 20 3287 5935
    Email click to send

    Customer Service
    Phone +1 313 446 0450
    Email click to send

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Ukraine
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe