Gentherm acquires Alfmeier

Gentherm To Acquire Alfmeier’S Automotive Business, An Innovative Market Leader In Automotive Lumbar And Massage Comfort Solutions

05/04/22, 9:02 AM

Location

northville

Industry

transportation

manufacturing

software

Gentherm (NASDAQ:THRM), a global market leader of innovative thermal management technologies, announced today that it has entered into a definitive purchase agreement to acquire the automotive business of Alfmeier Präzision SE (“Alfmeier”).

Company Info

Company

Gentherm

Location

Northville, Michigan, United States

Company info

Gentherm (NASDAQ: THRM) is the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems, lumbar and massage comfort solutions, valve system technologies, and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities in the United States, Germany, China, Czech Republic, Hungary, Japan, Malta, Mexico, Morocco, North Macedonia, South Korea, United Kingdom, Ukraine, and Vietnam.

Company news

Wed, 23 Apr 2025 07:00:00 GMT

Gentherm Looks Worth A Starter Position In The Mid-$20 Range, Despite Auto Sector Concerns - Seeking Alpha

Tue, 25 Mar 2025 07:00:00 GMT

Gentherm Hits Major Green Milestone: 35% Renewable Energy in Sustainability Push - Stock Titan

Wed, 04 May 2022 07:00:00 GMT

Gentherm to Acquire Alfmeier’s Automotive Business, An - GlobeNewswire

Tue, 08 Apr 2025 07:00:00 GMT

Gentherm Recognized as 2024 Supplier of the Year by General Motors - Yahoo Finance

Wed, 09 Apr 2025 07:00:00 GMT

Why Investors Shouldn't Be Surprised By Gentherm Incorporated's (NASDAQ:THRM) 28% Share Price Plunge - simplywall.st

Tue, 09 Jan 2024 08:00:00 GMT

SourceMark Medical Announces Expanded Partnership with Gentherm Medical - PR Newswire

Wed, 22 Feb 2023 08:00:00 GMT

Gentherm Reports 2022 Fourth Quarter and Full Year Results; Provides Strategic Update with 2026 Outlook - GlobeNewswire

Thu, 31 Oct 2019 07:00:00 GMT

Gentherm, GM study shows microclimate comfort system increases driving range of electric vehicles - Green Car Congress

Mon, 05 May 2025 12:09:00 GMT

Gentherm Leads UK Market With AI-Enhanced Temperature Management for Critical Care - openPR.com

Thu, 03 Nov 2022 07:00:00 GMT

Gentherm’s Climate Control Seat with Intelligent Micro - GlobeNewswire

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	Raised	Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.
software	$14.2 B	-51.1%
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transportation	$1.2 B	2.2%