Asahi Kasei’s U.S. subsidiary acquires automotive interior fabric business from Adient

March 9, 2020

Expansion into European market through strategic acquisition

On March 6, 2020, Asahi Kasei announced that its U.S. subsidiary Sage Automotive Interiors had reached an agreement to acquire the automotive interior fabric business of U.S.-based automotive supplier Adient for US$175 million.

Sage Automotive Interiors is a manufacturer of fabric materials for automotive interiors, primarily operating in the United States. Through this acquisition, the company aims to strengthen its business base in Europe, where Adient has multiple manufacturing and business locations.

By integrating Adient’s interior fabric operations, Sage Automotive Interiors plans to enhance its global competitiveness and expand its market presence in the automotive sector.

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January 27, 2025

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Asahi Kasei’s U.S. subsidiary acquires automotive interior fabric business from Adient

Expansion into European market through strategic acquisition

automotive industry

Asahi Kasei

Sage Automotive Interiors

fabric material

M&A

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