Faurecia to sell acoustics, soft trim business to Adler Pelzer Group

News
M&A

Acoustics and Soft Trim business represented sales of EUR385 million in 2019 with around 1,820 employees

Faurecia has signed a Memorandum of Understanding (MOU) for sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG), a manufacturer of automotive acoustic and thermal components and systems, the two companies said in separate press releases on 18 February.

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