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Mergers & AcquisitionsMediumUpdated•Originally published 27 April 2026•Updated 27 April 2026•

1 min read

Forvia Divests Auto Interiors Unit to Apollo in $2.1 Billion Deal

Key Facts

1French auto parts supplier Forvia announced the sale of its auto interiors business to Apollo funds for $2.1 billion.

2The deal is intended to shore up the company's balance sheet and allow it to focus on high value-added, technology-driven activities.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Added the specific Euro-denominated deal value (€1.82B) and identified Kirkland & Ellis as the legal advisor.

French automotive supplier Forvia has reached an agreement to sell its auto interiors business to funds managed by Apollo Global Management, with the deal value specified at €1.82 billion ($2.1 billion). The divestment is a core component of Forvia's strategic plan to shore up its balance sheet and significantly reduce corporate debt. Kirkland & Ellis acted as legal counsel for Apollo during the transaction process. By offloading this division, Forvia intends to pivot its focus toward high value-added, technology-driven activities within the automotive supply chain. This transaction is expected to enhance Forvia's liquidity profile while allowing for a more concentrated investment in higher-margin segments. The deal highlights the ongoing interest of private equity firms in restructuring global automotive assets to drive long-term financial stability.