On the Record · Lear
Lear acquisitions, on the record
The businesses Lear bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
UT Automotive, Inc.Word for word“In May 1999, we acquired UT Automotive, Inc. ("UT Automotive") from United Technologies Corporation.” 10-K for 2023 | acquisition | May 1999 | — |
Guilford MillsWord for word“• In May 2012, we acquired Guilford Mills, a leading supplier of automotive seat and interior fabric, for approximately $243 million.” 10-K for 2023 | acquisition | In May 2012 | approximately $243 million |
Everett Smith Group, Ltd., the parent company of Eagle Ottawa, LLCWord for word“• In January 2015, we acquired Everett Smith Group, Ltd., the parent company of Eagle Ottawa, LLC ("Eagle Ottawa"), the world's leading provider of leather for the automotive industry, for approximately $844 million.” 10-K for 2023 | acquisition | In January 2015 | approximately $844 million |
Grupo Antolin's automotive seating businessWord for word“• In April 2017, we acquired Grupo Antolin's automotive seating business for approximately $292 million.” 10-K for 2023 | acquisition | In April 2017 | approximately $292 million |
M&N PlasticsWord for word“• In March 2021, we acquired M&N Plastics, an injection molding specialist and manufacturer of engineered plastic components for automotive electrical distribution applications.” 10-K for 2023 | acquisition | In March 2021 | — |
Kongsberg Automotive's Interior Comfort Systems business unit (Kongsberg ICS)Word for word“• In February 2022, we acquired substantially all of Kongsberg Automotive's Interior Comfort Systems business unit ("Kongsberg ICS") for approximately $188 million.” 10-K for 2023 | acquisition | — | approximately $188 million |
Thagora Technology SRL ("Thagora")Word for word“In May 2022, we completed the acquisition of Thagora Technology SRL ("Thagora"), a privately held company based in Iasi, Romania, to access scalable smart-manufacturing technology.” 10-K for 2023 | acquisition | In May 2022 | — |
InTouch Automation ("InTouch")Word for word“In November 2022, we completed the acquisition of InTouch Automation ("InTouch"), a privately held supplier of Industry 4.0 technologies and complex automated testing equipment critical in the production of automotive seats.” 10-K for 2023 | acquisition | In November 2022 | — |
I.G. Bauerhin ("IGB")Word for word“In April 2023, we completed the acquisition of I.G. Bauerhin ("IGB"), a privately held supplier of automotive seat heating, ventilation and active cooling, steering wheel heating, seat sensors and electronic control modules, headquartered in Grundau-Rothenbergen, Germany, for approximately $175 million.” 10-K for 2023 | acquisition | — | approximately $175 million |
Everett Smith Group, Ltd. (Eagle Ottawa, LLC)Word for word“In January 2015, we acquired Everett Smith Group, Ltd., the parent company of Eagle Ottawa, LLC ("Eagle Ottawa"), the world's leading provider of leather for the automotive industry, for approximately $844 million.” 10-K for 2024 | acquisition | January 2015 | approximately $844 million |
WIP Industrial Automation (WIP)Word for word“In July 2024, we completed the acquisition of WIP Industrial Automation ("WIP"), a privately held company based in Valladolid, Spain.” 10-K for 2024 | acquisition | July 2024 | — |
StoneShield Engineering (StoneShield)Word for word“In February 2025, we acquired StoneShield Engineering ("StoneShield"), a privately held company based in Castelo Branco, Portugal.” 10-K for 2024 | acquisition | February 2025 | — |
StoneShield EngineeringWord for word“In February 2025, we completed the acquisition of StoneShield Engineering ("StoneShield"), a privately held system integrator based in Castelo Branco, Portugal.” 10-K for 2025 | acquisition | February 2025 | — |
WIP Industrial AutomationWord for word“In July 2024, we completed the acquisition of WIP Industrial Automation ("WIP"), a privately held company based in Valladolid, Spain.” 10-K for 2025 | acquisition | July 2024 | — |
I.G. BauerhinWord for word“• In April 2023, we acquired I.G. Bauerhin ("IGB"), a privately held supplier of automotive seat heating, ventilation and active cooling, steering wheel heating, seat sensors and electronic control modules, headquartered in Grundau-Rothenbergen, Germany, for approximately $175 million.” 10-K for 2025 | acquisition | April 2023 | approximately $175 million |
Kongsberg Automotive's Interior Comfort Systems business unitWord for word“• In February 2022, we acquired substantially all of Kongsberg Automotive's Interior Comfort Systems business unit ("Kongsberg ICS") for approximately $188 million.” 10-K for 2025 | acquisition | February 2022 | approximately $188 million |
Thagora Technology SRLWord for word“• In May 2022, we acquired Romanian-based Thagora Technology SRL ("Thagora") to access scalable smart-manufacturing capabilities that combine advanced vision technology, proprietary algorithms and automated cutting systems.” 10-K for 2025 | acquisition | May 2022 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $155.9 million | — |
| 2017-12-31 | $292.4 million | — |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $321.7 million | $219 million |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $0 | — |
| 2022-12-31 | $188.3 million | $27.9 million |
| 2023-12-31 | $174.5 million | $73.5 million |
| 2024-12-31 | $800,000 | $3.3 million |
| 2025-12-31 | $0 | — |
Deal filings since 2016
- 2025-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Lear’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.