Proma Group Partners with Recaro Automotive to Boost European Operations
Proma Group has entered into a strategic investment agreement with Recaro Automotive GmbH, headquartered in Germany, to assume control of its operations. The transition phase has already commenced, paving the way for a revitalised European launch in January 2025.
Proma Group is committed to maintaining core teams from Recaro Automotive's Sales and Technology departments in the Stuttgart area, ensuring a smooth transfer of responsibilities and uninterrupted support for customer requirements.
Starting in January, Proma Group will introduce aftermarket seats in the market, while original equipment manufacturer (OEM) production will shift to Italy. This move marks the beginning of enhanced seat production under the new partnership.
Luca Pino, CEO of Proma Group, emphasised the significance of this acquisition: "Our investment in Recaro Automotive will enhance our capability to offer premium seating products, incorporating the latest innovations in the automotive industry. The Recaro brand is globally acknowledged as a hallmark of German engineering excellence, while the Proma Group represents the pinnacle of Italian manufacturing prowess. We are excited about our prospects and the exceptional quality this partnership will bring to the automotive market."
Furthermore, Recaro Automotive’s operations in North America and Japan will continue as usual, maintaining the high standards of product quality and customer service that the brand's clients expect.