The Investor
27 Apr 2026, 22:31
Apollo Global Management announced that its funds have agreed to acquire the interiors business unit of Forvia in a carve-out transaction.
The business is a major global supplier of automotive interior systems, including instrument panels, door panels, and center consoles, serving a broad range of leading automotive OEMs across Europe, North America, and Asia.
Apollo plans to establish the unit as a standalone company, aiming to capitalize on industry trends such as increasing demand for advanced cabin design, premium materials, and integrated technologies in vehicles.
The transaction is expected to close in the second half of 2026, subject to regulatory approvals and customary conditions. Financial terms were not disclosed.
The deal reflects Apollo’s continued investment focus in the automotive sector and its strategy of transforming businesses through carve-outs and operational improvements.
Source: Globe Newswire
The business is a major global supplier of automotive interior systems, including instrument panels, door panels, and center consoles, serving a broad range of leading automotive OEMs across Europe, North America, and Asia.
Apollo plans to establish the unit as a standalone company, aiming to capitalize on industry trends such as increasing demand for advanced cabin design, premium materials, and integrated technologies in vehicles.
The transaction is expected to close in the second half of 2026, subject to regulatory approvals and customary conditions. Financial terms were not disclosed.
The deal reflects Apollo’s continued investment focus in the automotive sector and its strategy of transforming businesses through carve-outs and operational improvements.
Source: Globe Newswire