Faurecia to divest acoustics and soft trim business to Adler Pelzer Group

Faurecia signed a MoU (Memorandum of Understanding) for the sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG). The AST business represented sales of EUR 385 million in 2019 within the Interiors Business Group and employs around 1,820 employees in 8 plants and one R&D centre, all in Eu....

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