FORVIA announces the disposal of its Interiors Business Group to Apollo Funds as part of its strategic transformation

FORVIA has agreed to sell its Interiors Business Group to Apollo-managed funds in a transaction that marks a major step in the Group’s ongoing strategic repositioning. The move comes within the broader context of a rapidly evolving European automotive industry, where manufacturers and suppliers across France and Europe continue to adapt to electrification, software-defined vehicles, increasing competitive pressure from Asian players, and more selective capital allocation across industrial portfolios.  

The decision comes as FORVIA accelerates the execution of its “IGNITE” roadmap, which aims at simplifying its business portfolio and refocusing on higher-growth and higher-margin activities. The disposal is expected to reduce FORVIA’s net debt by c.€1.0bn, which further supports the Group’s deleveraging trajectory and future strategic initiatives.  

Created through the combination of Faurecia and HELLA, FORVIA has established itself as one of the world’s leading automotive technology groups, employing more than 137,000 people worldwide and serving more than 80 automotive customers across global markets. 

The Interiors Business Group represents a substantial part of this global footprint. As a global leader in automotive interior systems, it accounts for approximately 18% of FORVIA's consolidated revenue with c.€4.8bn in sales in 2025. The business operates 59 production sites and 8 R&D centres across 19 countries, with recognised expertise across cockpit systems, door panels, instrument panels, centre consoles and integrated interior solutions for leading automotive manufacturers. Under the terms of the agreement, the transaction values the Interiors Business Group at an enterprise value of €1.82bn, which corresponds to an EV / IFRS Adjusted 2025 EBITDA multiple of 3.1x (4.8x excluding R&D capitalization and leases). 

Apollo-managed funds will support the Interiors Business Group as a standalone platform. They will provide long-term ownership and support the continued development of the business in an increasingly competitive automotive environment.

Crédit Agricole CIB acted as financial advisor to FORVIA on this landmark transaction, which further illustrates the Bank's expertise in advising large corporates on strategic disposals and complex portfolio optimisation processes within the Automotive & Industrials sector.X