Adler Pelzer Group to acquire the Acoustics and Soft Trim business of Faurecia
DGAP-Media / 18.02.2021 / 08:02
Adler Pelzer Group (APG) and Faurecia have reached an agreement to engage exclusive discussions towards the acquisition of Faurecia Acoustics and Soft Trims (AST) by Adler Pelzer Group.
Faurecia AST is operating in Europe, with industrial activities mainly carried out in plants located in France (Marckolsheim, Saint-Quentin, Mouzon, Mornac), Luxembourg (Eselborn), the United Kingdom (Washington), Spain (Olmedo), Poland (Legnica) and by the R&D centre in France (Mouzon) with approx. 1820 employees and 385M€ sales in 2019.
With this acquisition, APG makes a further step towards its vision of becoming a worldwide leader in automotive acoustics, as an industrial investor with long term loyalty to automotive and proven track record of growth.
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NAGOYA, Japan, Jan. 25, 2021 /PRNewswire/ Hayashi Telempu Corporation (hereinafter HTC, headquartered in Nagoya, Japan), the parent company of Hayashi Telempu Thailand, and the controlling shareholder of Adler Pelzer Group (hereinafter APG, headquartered in Germany) have jointly established GAIA (Global Automotive Interior Alliance) Holdings and entered into capital partnership to further strengthen cooperation in the automotive interior parts business. GAIA, the alliance for automotive acoustic parts, has the largest share in the world market of automotive floor carpets.