Futuris Automotive

Acquired

Melbourne, Australia · Founded 2005 · $69.0M raised

Headquarters
Melbourne
Employees
1001–5000
Founded
2005
Business Model
B2B
Total Funding
$69.0M
Last Round
$69.0M Private EquityJul 2013
Rounds
1

About

Futuris Automotive was a leading global Tier 1 automotive supplier that designed, engineered, and manufactured fully integrated seating and interior systems for major automotive OEMs. Headquartered in Melbourne, Victoria, Australia, the company operated 15 facilities across North America, Australia, China, and Thailand. Its product portfolio included complete seating systems and hardware, interior products such as door trims, headliners, and floor carpets. Key customers included GM, Ford, Toyota, Tesla, SAIC, and Chery. The company was backed by Clearlake Capital Group and was ultimately acquired by Adient PLC in September 2017 for approximately $360 million.

Summary

Futuris Automotive is a company based in Melbourne, Australia, founded in 2005. It has raised $69.0M in total across 1 round, most recently a $69.0M Private Equity round in Jul 2013. Investors include Clearlake Capital.

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Funding History

AcquisitionAug 2017

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Investors