Sage Automotive Interiors
| Company type | Private |
|---|---|
| Industry | Automotive interior textiles |
| Founded | 2009 (as a carve-out of Milliken & Company's Automotive Body Cloth Division)[1] |
| Headquarters | Greenville, South Carolina (CU-ICAR campus)[1] , United States |
Area served | Worldwide |
| Products | Automotive interior fabrics (seating, headliners, door panels)[1] |
| Parent | Asahi Kasei[2] |
| Website | www |
Sage Automotive Interiors is an American supplier of automotive interior textiles, including fabrics used for vehicle seating, headliners and door panels.[1] The company was formed in 2009 when Milliken & Company sold its Automotive Body Cloth Division to a management-led group and investors.[1] Sage became a subsidiary of Japan-based Asahi Kasei following an acquisition announced in 2018.[2][3]
History
Sage originated in 1948 as the Automotive Body Cloth Division of Milliken & Company and was sold in 2009 to the division’s management team and investors, after which it was rebranded as Sage Automotive Interiors.[1] In August 2011, the company moved its headquarters from Spartanburg, South Carolina to the Clemson University International Center for Automotive Research (CU-ICAR) campus in Greenville, South Carolina.[1]
In 2016, Sage acquired the automotive manufacturing assets of Apollo S.p.A. in Italy and Romania.[4]
In July 2018, Asahi Kasei agreed to acquire Sage Automotive Interiors in a deal reported by Reuters as valuing the transaction at about US$1.06 billion including debt.[2] The acquisition was completed in September 2018 and Sage became a wholly owned subsidiary of Asahi Kasei.[5]
References
- ^ a b c d e f g "Sage Automotive Interiors: Global And Growing". Textile World. 15 October 2012. Retrieved 17 March 2026.
- ^ a b c "Asahi Kasei to buy U.S. Sage Automotive for $1.06 billion". Reuters. 19 July 2018. Retrieved 17 March 2026.
- ^ "Asahi Kasei To Acquire Sage Automotive Interiors". Textile World. 10 September 2018. Retrieved 17 March 2026.
- ^ "Sage Automotive Interiors buys Apollo's auto portfolio". Upstate Business Journal. 26 October 2016. Retrieved 17 March 2026.
- ^ "Asahi Kasei completes acquisition of Sage Automotive Interiors". Asahi Kasei. 28 September 2018. Retrieved 17 March 2026.