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Apollo Nears $1.6 Billion Deal for Forvia's Auto Interiors Business

April 23, 2026

1 min read

Key Takeaways

Apollo nears $1.6 billion deal for Forvia's auto interiors business.
The deal values the business at about 1.4 billion euros.
Forvia supplies parts to Stellantis, Volkswagen, and Ford.
Apollo Global Management did not immediately respond to requests for comment.

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Strategic Implications

This acquisition may indicate Apollo's growing interest in the automotive sector, which could signal a shift in the company's investment strategy. The deal suggests a significant expansion of Apollo's portfolio, which may have implications for the company's competitive positioning in the market.

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What Happened

Private Equity Firm Expands Portfolio with Strategic Acquisition

Private equity firm Apollo Global Management is nearing a deal to acquire the auto interiors business of France’s Forvia, according to a report by Bloomberg News. The deal would value the interiors business at about 1.4 billion euros ($1.64 billion). Forvia supplies parts to major automakers, including Stellantis, Volkswagen, and Ford. The company has been looking to divest the car interiors business as part of a debt-cutting push, as reported by Reuters.

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