India, April 27 -- Apollo Global Management, Inc. (APO) on Monday said Apollo-managed funds have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction.
The Interiors Business is a supplier of automotive interior systems, including instrument panels, door panels, and center consoles, serving global OEMs with a manufacturing and engineering footprint across Europe, North America, and Asia.
Apollo said the acquisition builds on its experience in the automotive sector, with its current portfolio-including Tenneco, TI Automotive, and Panasonic Automotive-generating about $28 billion in annual revenue.
The deal is expected to close in the second half of 2026.
"Drawing upon Apollos extensive investment experien...