Adler Pelzer to acquire Faurecia’s acoustics and soft trim business
Faurecia has signed a memorandum of understanding for the sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group, a supplier of automotive acoustic and thermal components and systems.
The AST business represented sales of €385m in 2019 within Faurecia’s Interiors Business Group and employs around 1,820 employees in eight plants and one research and development centre, all in Europe.
For the full story, see the March 2021 edition of MobileTex.