AcquisitionsApr 27, 2026, 01:32 AM
APO Funds to Acquire Forvia's Interiors Business Group
AI Summary
Apollo-managed funds have agreed to acquire the Interiors Business Group of Forvia, a leading global supplier of automotive interior systems, in a carve-out transaction. The Interiors Business serves a diversified base of global automotive OEMs with a manufacturing and engineering footprint across Europe, North America, and Asia. This acquisition leverages Apollo's extensive investment experience in the automotive sector, with its current automotive portfolio generating $28 billion in annual revenue. The transaction is subject to regulatory approvals and is expected to close in the second half of 2026.
Key Highlights
- Apollo-managed funds to acquire Forvia's Interiors Business Group.
- Interiors Business is a leading global supplier of automotive interior systems.
- Apollo's current automotive investments generate $28 billion in annual revenue.
- Transaction expected to close in the second half of 2026.
- Apollo had $938 billion AUM as of December 31, 2025.