Faurecia to sell its “SAS” Cockpit Modules division to the MOTHERSON Group
Faurecia, a company of the FORVIA Group, has received a firm and binding commitment from the MOTHERSON Group to acquire 100% of “SAS” Cockpit Modules division (“SAS”), a leading global provider of assembly and logistics services for the automotive industry, based on an enterprise value of €540 million. MOTHERSON is a diversified manufacturing specialist and one of the world’s leading automotive Group. The transaction would complement its Modules and Polymer Products portfolio.
The complete press release can you find here.