Related Keywords: artificial leather and other materials, Asahi Kasei, car interiors, car seat fabrics, Clearlake Capital Group, Clearlake Sage Holdings, high quality and good design, High-quality automotive textiles, innovative interior car designs, Polypore International, raw materials to finished products, supply chain, synthetic rubber, U.S.-based Sage Automotive Interiors
This deal seeks to help Asahi Kasei, which makes artificial leather for car interiors, to create a complete supply chain from raw materials to finished products. High-quality automotive textiles are in high demand and Asahi Kasei expects its sales to rise after the acquisition.
The deal will see Asahi Kasei buy the U.S. fund's entire stake in Sage.
