WITTE /
VAST LLC
STRATTEC sells its VAST LLC stake to WITTE
- Terms
- Not stated
- Stage
- Closed




What happened
STRATTEC SECURITY CORPORATION sold its one-third interest in VAST LLC to WITTE as part of a restructuring involving their joint ventures. The transactions closed effective June 30, 2023.
The $18,500,000 net purchase price also included WITTE's 20% minority interest in STRATTEC Power Access LLC and the net assets of VAST LLC's Korea branch office.
The source
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STRATTEC sells its VAST LLC stake to WITTE
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