OBERWALTERSDORF, Austria Magna International’s Magna Seating operating unit has acquired the assets and business of Vogelsitze GmbH in Karlsruhe-Stupferich, Germany.
Vogelsitze specializes in the development and production of seats for the bus and light train industries. The acquisition expands Magna Seating’s global footprint, strengthens its position in the German market and enhances its product portfolio.
Sales for 2011 are expected to be approximately €19 million. Current production customers include MAN, Mercedes-Benz, Volvo, Bombardier, VDL and GAZ. In addition, Vogelsitze has licensed a number of its patents to other bus seat manufacturers worldwide.
"This acquisition provides us an opportunity to grow our business in the public/commercial transportation area," said Mike Bisson, president of Magna Seating. "Our world-class manufacturing expertise combined with an expanded footprint in Germany provides us with the ability to immediately support customers in this market."