Apollo Funds to Acquire Forvia’s Global Interiors Business in H2 2026 Carve-Out
Apollo-managed funds agreed to acquire Forvia’s Interiors Business Group, a leading supplier of instrument panels, door panels and center consoles with manufacturing in Europe, North America and Asia. The carve-out deal is expected to close in the second half of 2026 pending regulatory approvals and employee consultations.
1. Transaction Overview
Apollo-managed funds have agreed to carve out and acquire the Interiors Business Group from Forvia SE, establishing it as an independent global supplier of automotive interior systems. The business serves major OEMs with instrument panels, door panels and center consoles across a manufacturing footprint in Europe, North America and Asia.
2. Strategic Rationale
Apollo aims to leverage its more than 35 years of private equity experience in the automotive sector to support the newly independent Interiors Business in capitalizing on trends in cabin design, premium materials and advanced technologies. The firm’s existing automotive portfolio generates $28 billion in annual revenue and spans over 120,000 employees in 50 countries.
3. Closing Conditions and Outlook
The transaction is subject to regulatory approvals and consultation with employee representative bodies and is slated to close in the second half of 2026. Upon closing, the standalone Interiors Business will operate under dedicated leadership and resources focused on long-term growth and value creation for its OEM partners.