Forvia announce has agreed to sell their Interiors business group to Apollo Global Management, based on an enterprise value of €1.82bn. The closure of this transaction would represent a key milestone in the execution of Forvia’s ‘Ignite’ strategy, as presented at their Capital Markets Day last February.
The divested Interiors business accounted for around €4.8bn in 2025 revenue – 18 per cent of Forvia’s consolidated revenue of €26.2bn. The division employs more than 31,000 people across 59 production sites and 8 R&D centers in 19 countries.
Forvia CEO Martin Fischer says the proposed transaction “reflects the strength and leadership of Forvia Interiors, as well as the expertise and commitment of its teams. We are confident that Apollo has the experience and capabilities necessary to support the Interiors business in its next phase of growth”.
Michael Reiss, a Private Equity Partner at Apollo, says “The automotive interiors industry is evolving rapidly as manufacturers increasingly differentiate their vehicles through cabin design, premium materials and new technologies. As an independent company with dedicated leadership and resources, Forvia’s Interiors Business will be well positioned to capitalize on these trends and deliver even greater value to its OEM partners worldwide.”
Reiss’ colleague Claudia Scarico, another Apollo Private Equity Partner, added, “Forvia’s Interiors Business is a well-established supplier in the international automotive supply chain with a global manufacturing footprint and the ability to engineer complex, high quality vehicle interior products at scale. Drawing upon Apollo’s extensive investment experience in the automotive sector and in executing complex carveouts, we are a strong partner to reinforce the company’s leadership position globally. We look forward to supporting the transition to an independent company with a strong strategic focus and foundation for long-term growth.”
