Forvia, the automotive supplier formerly known as Faurecia, has agreed to sell its Interiors business to US private equity firm Apollo Global Management in a deal valuing the unit at €1.82 billion. The transaction is a pivotal move under the group’s Ignite strategic plan, which aims to reshape Forvia around high-value technology activities—such as electronics, software, and clean mobility—while aggressively cutting debt by at least €1 billion.

The Interiors division, which produces dashboards, door panels, and centre consoles, has long been a large but lower-margin segment for the company. By offloading it, Forvia sharpens its focus on faster-growing, more profitable areas like seating, clean mobility systems, and cockpit electronics, where it can capture more value per vehicle. The sale also directly reduces leverage, providing immediate proceeds to strengthen the balance sheet. No further financial terms, such as the debt-to-equity split or expected closing timeline, were disclosed in the initial announcement.

Apollo’s acquisition signals continued private equity appetite for automotive assets with scale and established customer relationships, even as the industry undergoes a complex transformation toward electrification. For Forvia, the deal marks a decisive step toward a leaner, tech-centric profile, shedding cyclical interior trim operations to concentrate on innovation-driven growth.

Cette opération, qui valorise cette activité à 1,82 milliard d’euros, marque une étape clé de la stratégie Ignite de Forvia, qui consiste à se recentrer sur des activités technologiques à forte valeur ajoutée tout en réduisant significativement sa dette, d’au moins un milliard d’euros. Forvia (ex Faurecia) vient d’annoncer la cession de son activité Intérieurs […]

Cet article Forvia cède son activité Intérieurs à l’Américain Apollo a été publié par VIPress.net.