FORVIA to Sell Interiors Business Group to Apollo Funds for €1.82 Billion
Apollo Funds agreed to acquire FORVIA's Interiors business group, a global leader with €4.8 billion in 2025 revenue, for an enterprise value of €1.82 billion.
- €1.82 billion
- €4.8 billion
- €582 million
What Happened
FORVIA, a global automotive technology supplier listed on Euronext Paris, announced that Apollo-managed funds have agreed to acquire its Interiors business group. The transaction values the unit at €1.82 billion on an enterprise value basis and is expected to close by year-end, subject to regulatory approvals and employee consultations. The Interiors group represents approximately 18% of FORVIA's consolidated revenue, with 59 production sites and 8 R&D centers across 19 countries, employing over 31,000 people.
€1.82 billionEUR
Corresponds to a 3.1 multiple of the €582 million 2025 IFRS Adjusted EBITDA
“The Transaction project announced today reflects the strength and leadership of FORVIA Interiors, as well as the expertise and commitment of its teams. It highlights the Business Group’s solid industrial base, market positioning and value creation potential.”
Why this matters
The sale allows FORVIA to reduce net debt by at least €1 billion and focus on high-value technology-driven activities under its IGNITE strategy.
Terms in This Story
- Enterprise value
- A measure of a company's total value, including equity and debt, often used in acquisitions.
- EBITDA
- Earnings before interest, taxes, depreciation, and amortization; a measure of a company's operating performance.
Summarised from the linked release; details can be imperfect — always verify against the original source.