SOUTHFIELD, Mich., Feb. 4, 2025
/PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive
technology leader in Seating and E-Systems, today announced it has
purchased StoneShield Engineering, a privately held system
integrator based in Castelo Branco,
Portugal.
Founded in 2017, StoneShield Engineering specializes in the
design and development of automation technology for the wire
harness industry. Key areas of expertise include robotics,
automated taping applications and high voltage harness
assembly.
"By utilizing StoneShield's expertise, we will accelerate the
automation of our production processes throughout our E-Systems
business," said President and CEO Ray
Scott. "We will also develop new advanced technologies for
our wire harness production, further improving our efficiency and
operational excellence."
This acquisition is a component of Lear's IDEA (Innovative,
Digital, Engineered and Automated) by Lear strategy, which focuses
on leveraging technology and innovation to drive operational
excellence. It is part of the successful integration of previous
acquisitions, including WIP Industrial Automation, ASI Automation,
Thagora Technology SRL, and InTouch Automation.
Collectively, these strategic acquisitions equip Lear with a
robust portfolio of automation solutions and expertise, positioning
the company as a leader in the use of next-generation automotive
manufacturing technologies.
About Lear Corporation
Lear, a global automotive technology leader in Seating and
E-Systems, enables superior in-vehicle experiences for consumers
around the world. Lear's diverse team of talented employees in 38
countries is driven by a commitment to innovation, operational
excellence, and sustainability. Lear is Making every drive better™
by providing the technology for safer, smarter, and more
comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major
automaker in the world and ranks 174 on the Fortune 500. Further
information about Lear is available at lear.com.
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SOURCE Lear Corporation
