Zurich, October 28, 2021: Kongsberg Automotive ASA (“Kongsberg Automotive”) has entered into an agreement for the sale of substantially all of the Interior Comfort Systems (“ICS”) business unit to Lear Corporation (“Lear”), as Kongsberg Automotive is...Master Sale Agreement • October 28th, 2021
Contract Type FiledOctober 28th, 2021Lear, a well-respected leader in the automotive industry has been a highly valued business partner of Kongsberg Automotive for many years. The two companies entered into a master sale agreement on October 28, 2021. With this transaction, approximately 3,800 Kongsberg Automotive employees from Asia, Europe and North America will be integrated into Lear.