Baker McKenzie Advises FORVIA on the Sale of Its Interiors Business to Apollo

Baker McKenzie has advised the French group FORVIA on the signing of an agreement for the sale of its Interiors business to Apollo, based on an enterprise value of €1.82 billion. FORVIA Interiors represents approximately 18% of FORVIA's consolidated revenue (€4.8 billion in 2025). The business comprises 59 production sites and 8 R&D centers across 19 countries and employs more than 31,000 people.

The transaction remains subject to information or consultation of the employee representative bodies and customary regulatory clearances. Pending these important actions, closing is expected by the end of the year.

Further information on the transaction is available in FORVIA's press release.

Baker McKenzie advised FORVIA through a cross practice transactional team led by Stéphane Davin (Partner) and composed of François Xavier Naime (Partner), Antoine Caillard (Senior Counsel), Elise Favier (Counsel), David Courchia (Senior Associate), and Guillaume Ferrandon (Associate). Additional Paris based teams contributed to the transaction across the following areas:

• Corporate / M&A: Marie Françoise Bréchignac (partner), Damien Berruyer (senior associate), Lina Chaif (senior associate), Johanna Federspiel (senior associate) on carve out matters, and Guillaume Nataf (partner) on foreign investment matters;
• Competition & Distribution: Olivia Chriqui Guiot (partner);
• Employment: Olivier Vasset (partner), Marie Amélie Roger Balducci (counsel);
• Financing: Gonzague Basso (partner);
• Intellectual Property: Pauline Celeyron (partner), Laurie Offredo (associate);
• Tax: Guillaume Le Camus (partner), Robin Gaulier (counsel);
• Tech & Data: Rémy Bricard (partner), Floriane Cruchet (senior associate), particularly in relation to the separation plan and transition services arrangements.

Deloitte Société d'Avocats (Maud Davene) also advised FORVIA on the tax aspects of the transaction.

FORVIA's in house legal team was led by Jill Greene (Executive Vice President, General Counsel & Corporate Secretary) and included Jérémy Thézée (Vice President, Business Affairs Legal), Grégoire Lecoquierre (M&A Legal Counsel), Mathilde Ayel (Head of Antitrust & Regulatory), and Adélaïde de Laguiche (Head of Intellectual Property Legal).