TAFE acquires Faurecia's Indian interior systems business

TAFE acquired the Indian interior systems business of Faurecia (part of Group Forvia), covering operations in Chakan, Anantapur, and Tamil Nadu. The transactions for Chakan and Anantapur have been completed; Tamil Nadu is expected to close shortly.

“TAFE is encouraged by the strong synergistic opportunities that this acquisition offers.”auto.economictimes.indiatimes.com

• 2 sources
• auto.economictimes.indiatimes.comFCA: TAFE acquires Group Forvia’s Indian interior systems biz Faurecia, ETAutoET AutoDec 30, 2022
• thehindubusinessline.comTAFE acquires Indian interior systems business of Faurecia for ₹400 crore - The HinduBusinessLineBL Chennai BureauDec 30, 2022

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