Two European-based injection molded plastics divisions of Lear Corporation were acquired by Polytec Holding AG (“Polytec”).
Polytec, together with its subsidiaries, develops and manufactures exterior and engine compartment components, original equipment and OEM components for the automotive industry worldwide. Polytec is headquartered in Hörsching, Austria.
Lear Corporation designs, manufactures and assembles auto parts and equipment. The company’s products include seats and related components, electrical distribution systems for the powertrain, hybrid and electric vehicles, wiring harnesses, terminals and connectors, junction boxes, electronic control modules, wireless control devices, passive entry systems, lighting control and audio systems. Lear Corporation is headquartered in Southfield, Michigan.