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Published 3 weeks, 3 days ago

Cars Volkswagen Published by J. Doe

Brose and Volkswagen launch joint venture Brose Sitech for seat systems

Thomas Schmall, Group Board Member for Engineering Volkswagen and member of the Supervisory Board of Brose Sitech, sees great potential in the joint venture: We had an intensive period of planning and preparation. I am delighted that Brose Sitech is now launching on the market as an independent full-range supplier of seat systems. The merger continues to be supported by Volkswagen and at the same time opens up many new perspectives. Brose Sitech is becoming a strong, sustainable company.

The joint venture between the cooperation partners Brose and Volkswagen is perfectly positioned to meet the challenges of the changing automotive industry. Brose Sitech has the expertise and know-how to meet current and future demands for interior comfort, safety and flexibility. With innovative solutions for changing market requirements, the joint venture has everything it needs to convince customers and succeed in a highly competitive market,explains Ulrich Schrickel, CEO of the Brose Group and Chairman of the Supervisory Board of Brose Sitech. Brose will take over industrial leadership in the joint venture and completely consolidate its operations.

The competencies of Brose and Sitech complement each other perfectly. We have the best opportunities to leverage our synergies in product development and manufacturing, jointly open up new markets worldwide and win additional customers.

In the long term, the joint venture's portfolio is to be expanded to include innovative solutions for the entire vehicle interior.

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Jan 05, 2022 at 12:28

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