Lippert Components, a subsidiary of LCI Industries, announced Tuesday it has acquired Freedman Seating Company.
Freedman, based in Illinois, manufactures transportation seating solutions for OEMs, distributors and governments. Lippert says Freedman's operations will remain in Chicago for the foreseeable future.
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"We are pleased to welcome the Freedman team to the Lippert family," says Ryan Smith, group president of Lippert's North American OEM Operations. "Between the two companies, we have almost 200 years combined of family leadership and there's not too many organizations that can claim that. We're excited to add Freedman's seating line to our growing portfolio of bus and transportation vehicle products with our combined leadership teams we will be able to offer a better-than-ever customer experience to our partners in these industries."
Lippert provides window and glass solutions to bus and transportation markets and, earlier this year, completed the acquisition of Trans Air. Trans Air manufactures climate control systems for commercial buses.
"We're excited that we've found a future with Lippert," says Craig Freedman, CEO of Freedman Seating. "They've expressed admiration for what we've built and want to help us grow it in ways that honor our mission and values. This acquisition gives us the opportunity to build on our legacy, expand our reach and invest even more in our team."
