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Faurecia is a global company that designs and manufactures seats, exhaust systems, interior systems and decorative aspects of vehicles. It merged with Hella in 2023 and operates in 35 countries.
FORVIA acquires 100% of Faurecia Aptoide Automotive and confirms market leadership. FORVIA'S innovative and eco-responsible technologies to equip the future Renault 5 E…. FORVIA successfully prices an additional €200 million of 5.500% senior notes due 2031. FORVIA to offer an additional €200 million of 5.500% senior notes due 2031 aiming ...
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Faurecia is a world's leading automotive tech company designing solutions for a safe, personalized, connected and sustainable mobility. Faurecia is a company of the Group @FORVIA.
We are inspiring the future of mobility. Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. The Group’s strong technological offering provides automakers with solutions for the Cockpit of the Future and Sustainable Mobility.
Faurecia is a top ten global automotive supplier with 29 locations in the U.S. It develops technologies for Sustainable Mobility and the Cockpit of the Future, and has a strong history and presence in North America.
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This acquisition was financed by utilization of EUR2,9bn under the EUR5.5bn bridge facilities agreement secured in August 2021, which includes a EUR500 million term loan (maturity August 2024), and Faurecia’s own cash, including the proceeds of the pre-financing transactions already implemented by Faurecia (EUR1.2bn of senior sustainability-linked notes due 2027 announced on November 4, 2021 and EUR700 million ESG-linked Schuldscheindarlehen announced on December 17, 2021).
