Faurecia SE

Company Profile




23-27 rue des Champs Pierreux, 92000 Nanterre, France

Business Overview

-The Company is a French automotive supplier divided into four business groups:

  • Seating
  • Interiors
  • Clean Mobility
  • Clarion Electronics

-The Company’s Top 5 end customers comprised 66.7% of its net sales in the fiscal year ended December 31, 2019, compared to 67.8% in 2018 and 70.0% in 2017. The Company’s continuing trend in recent years of decreased percentage of sales from its largest customers highlights the Company’s growing diversification of its customer base.

Acquisition of Clarion

-On March 28, 2019, the Company completed the acquisition of Clarion, making Clarion a wholly owned subsidiary of the Company. The Company combined Clarion with previous acquisitions of Parrot Automotive and Coagent Electronics to form the Clarion Electronics Business Group.

Market share

-Based on sales from 2018, the Company's market share among its three original Business Group are as follows:

  • Seating: 11.4%
  • Interiors: 13.0%
  • Clean Mobility: 32.7%


Division Competitors
Automotive Seating -Adient
-Toyota Boshoku
Clean Mobility -Benteler
Interior Systems -Grupo Antolin
Clarion Electronics -Alps Alpine


-The Company is listed on Euronext Paris S.A.

-As of December 31, 2019, Peugeot S.A. is the Company’s largest shareholder, holding 46.34% of the Company’s capital stock and 62.99% of the Company’s voting rights.


-Complete seats
-Seating mechanisms and mechatronics
-Foam padding
-Trim covers
-Seating accessories
-Electronic and pneumatic systems
-On-board seating electronics
-Massage systems
-Seating tracks
-Rotating seats
-Seat-integrated physiological sensors
-Advanced Versatile Structure seat with integrated safety features including airbags and seatbelts

Clean Mobility
-Complete exhaust systems
-Tail pipes
-Catalytic converters
-Urea SCRs
-NOx traps
-Diesel particulate filters
-Exhaust heat recovery systems
-Exhaust heat recovery manifolds
-Ammonia storage and delivery systems
-Adaptive valves
-Battery top covers
-Full battery housing solutions
-ASDS de-NOx systems
-Low-pressure exhaust gas recirculation systems for gasoline system
-Compact exhaust heat recovery systems
-Electrically heated catalysts

-Instrument panels
-Cross-car beams
-Center consoles
-Decorative trim and components
-Door panels
-Door modules
-Package trays
-Trunk trims
-Acoustic insulation
-Glove boxes
-Voice control systems
-Morphing Instrument Panel which shifts based on vehicle driving mode

Clarion Electronics
Faurecia-Clarion Electronics products link
-Active noise control systems
-Exciters for automotive interior sound surfaces to create a speakerless solution
-Digital sound tuning systems
-Sound and smart headrests with integrated speakers and microphones
-Near infrared cameras
-Thermal cameras
-Radar sensors
-Biometric sensors
-Sensor data fusion systems
-Artificial intelligence technologies
-Cockpit domain controllers utilizing system-on-a-chip architecture
-In-vehicle infotainment systems
-Rear seat infotainment systems
-Quadview multi-view graphical interface
-Infotainment systems compatible with virtual personal assistants
-HMI systems
-Universal remote tuners
-Android-based app library
-Rear and surround view systems
-Camera and lidar cleaning systems
-Automated parking assist systems
-Autonomous pickup solutions
-Large display systems up to 1.5 meters in length
-Flexible display appearances including flat and curved structures
-Color matching display technologies
-Advanced backlighting display technologies
-Touch-sensitive displays
-Force sensing displays
-Displays with active and passive haptic feedbacck technologies
-Optical bonding technologies


Dec. 1997 Ecia, a 68% subsidiary of PSA Peugeot Citroen established in 1929, acquired Bertrand Faure, the largest European seat manufacturer established in 1914.
Jun. 1999 The merger of Ecia and Bertrand Faure was approved at the Extraordinary General Meetings of shareholders of both companies. Renamed as Faurecia.
Oct. 2000 Acquired Sommer Allibert. The deal was financed by the PSA Peugeot Citroen Group, which increased its shareholding in the Company to 71.5%.
2007 Purchased certain assets of Cadence Innovation in France for EUR 0.4 million.
Acquired a 50% interest in Romania-based Euro Auto-Plastic Systems srl in the Vehicle Interiors business for EUR 9.4 million.
Acquired the 50% interest held by the Duroplast Group in Faurecia Duroplast Mexico for EUR 18.3 million, raising its stake in the company to 100%.
Set up three new companies in China in 2007 - Faurecia (Shanghai) Automotive Systems Co. Ltd., Faurecia Wuhan Automotive Seating Co. Ltd. and Faurecia Qingdao Exhaust Systems Co. Ltd.
Set up one new company in South Korea, Faurecia Trim Korea Ltd.
2008 Established Faurecia Equipements Automobiles Maroc, in Kenitra, Morocco.
Established Faurecia (Wuhu) Exhaust Systems in China
Established Faurecia Exhaust System Rayong in Thailand
May 2009 Opened the Global Seat Mechanisms Center in Caligny, France.
2010 Acquired EMCON Technologies LLC, a leading exhaust system supplier in Troy, MI, U.S.A.
2012 Acquired Plastal France (Plastal S.A.S.), the automotive business of Sora Composites, and Saline, currently operated by Ford Motor Company's Automotive Components Holdings, LLC (ACH).
Jul. 2016 The Company divested its Automotive Exteriors business (bumpers and front-end modules) to Plastic Omnium.
Feb. 2017 Invested in TactoTek, a Finnish startup which provides injection molded structural electronic solutions.
May 2017 Invested in STELIA Aerospace Composites to design, industrialize and commercialize high-pressure hydrogen tanks made from carbon fiber for fuel cell vehicles.
Nov. 2017 Finalized acquisition of a majority stake in Jiangxi Coagent Electronics, which will develop in-vehicle infotainment solutions.
Dec. 2017 Invested in Alsentis, a company specializing in capacitive sensor technology and HMI development.
Oct. 2018 Completed acquisition of 100% of Parrot Automotive, changing the name of the entity to Parrot Faurecia Automotive.
Mar. 2019 Completed acquisition of Clarion Co., Ltd., a automotive electronics company providing systems such as navigation, audio, ADAS, driver monitoring and cockpit domain controllers.
Apr. 2019 Integrated Clarion Co., Ltd., with previously acquired Parrot Automotive and Coagent Electronics into the newly formed Clarion Electronics Business Group.
Apr. 2019 Acquired majority stake in Swedish company Creo Dynamics, a company which focuses on acoustics and active noise control solutions.
May 2019 Invested in Israeli company GuardKnox, a cybersecurity solution provider.
Jan. 2020 Completed acquisition of remaining 50% stake in SAS joint venture, which focuses on complex interior module assembly and logistics, from Continental.

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