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    Brief: Forvia To Sell Its Interiors Business Group To Apollo Funds

    Picture of Forvia SE logoForvia SE
    27/04/2026 06:35
    April 27 (Reuters) - Forvia SE FRVIA.PA:

FORVIA TO SELL ITS INTERIORS BUSINESS GROUP TO APOLLO FUNDS

ENTERPRISE VALUE OF EUR 1.82 BILLION

IT IS ANTICIPATED TO RESULT IN FORVIA'S NET DEBT REDUCTION OF AT LEAST EUR 1BN

INTERIORS REPRESENTS 18% OF FORVIA CONSOLIDATED REVENUE, ABOUT €4.8 BILLION IN 2025

EMPLOYS OVER 137,500 PEOPLE INCLUDING 12,000 RESEARCH AND DEVELOPMENT ENGINEERS IN 40+ COUNTRIES

DEAL VALUED AT 3.1X 2025 IFRS ADJUSTED EBITDA OF €582 MILLION

AIMS TO REDUCE NET DEBT OF AT LEAST €1 BILLION

CLOSING IS TARGETED BY YEAR-END

Source text: nGNE9j4883

Further company coverage: FRVIA.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))

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