Apollo Global Management announced that funds managed by Apollo have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction, establishing the business as a standalone global automotive interiors supplier.
The Interiors Business is a leading provider of automotive interior systems, including instrument panels, door panels, and center consoles, serving a broad base of global automotive original equipment manufacturers. The company operates a global manufacturing and engineering network spanning Europe, North America, and Asia, and plays a key role in delivering integrated interior solutions across major vehicle programs.
The transaction is expected to position the Interiors Business for accelerated growth as an independent entity, with dedicated leadership and resources to capitalize on evolving industry trends. Automakers are increasingly differentiating vehicles through cabin design, materials, and in-vehicle technologies, driving demand for advanced interior systems.
Apollo plans to leverage its experience in the automotive sector and complex carve-out transactions to support the company’s transition and long-term growth strategy. The firm’s portfolio includes several automotive-related investments, reflecting its focus on scaling industrial businesses through operational and strategic improvements.
The transaction is subject to customary closing conditions, including regulatory approvals and employee consultations, and is expected to close in the second half of 2026.
Advisors to the transaction include Kirkland & Ellis LLP as legal counsel, Paul, Weiss, Rifkind, Wharton & Garrison LLP as legal counsel for financing, and UBS AG and UniCredit as financial advisors.
KEY QUOTES:
“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.”
Michael Reiss, Private Equity Partner, Apollo
“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 carve outs, 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.”
Claudia Scarico, Private Equity Partner, Apollo
“The Transaction project announced today reflects the strength and leadership of Forvia Interiors, as well as the expertise and commitment of its teams. It highlights the Business Group’s solid industrial base, market positioning and value creation potential. I would like to thank all Interiors employees for their contribution. We believe Apollo has the experience and capabilities to support the Interiors Business Group in its next phase of growth.”
Martin Fischer, Chief Executive Officer, Forvia
