Autoliv completes acquisition of Italian seatbelt maker MCF

Autoliv Inc., a global safety technology company, has finalized its acquisition of Italian seatbelt maker MCF Safety Belts S.r.l. The deal, which received regulatory approval, brings together two industry leaders in seatbelt manufacturing. MCF Safety Belts, founded in 1989 and based in Pancalieri near Turin, specializes in developing and manufacturing certified seatbelts and specialized harnesses for commercial and specialty vehicles.

The company employs around 60 people and generates approximately €10 million in annual sales. With this acquisition, Autoliv aims to bolster its Mobility Safety Solutions subcategory, offering flexible, off-the-shelf, and customized solutions for commercial and specialty vehicles. The acquisition also establishes a European hub for low-volume, high-variant seatbelt solutions, expanding Autoliv's reach into off-road and specialty commercial vehicle markets.