Forvia Sells Interiors Unit to Apollo for 2.1 Billion

French supplier Forvia announced on Monday it will sell its interiors division to Apollo Funds for 1.82 billion euros. The deal should close by the end of 2026.

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FORVIA, the prominent automotive parts supplier based in France, has reached a definitive agreement to divest its interiors division to Apollo Funds. The transaction is valued at 1.82 billion euros, which is approximately $2.13 billion based on current exchange rates.

The Forvia corporate logo displayed on the company's headquarters in Nanterre, located near Paris, France, as captured in October 2024. REUTERS/Sarah Meyssonnier/File Photo
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