Faurecia enters exclusive negotiations to sell part of CV exhaust business to Cummins for EUR150M

Faurecia, part of FORVIA, entered exclusive negotiations to sell a designated part of its commercial vehicle exhaust aftertreatment business in Europe and the US to Cummins for an enterprise value of EUR150 million. The sale includes plants in Roermond, Netherlands, and Columbus, Indiana, USA.

“Faurecia, a company of the FORVIA Group, has entered into exclusive negotiations with Cummins for the potential sale of a designated part of its commercial vehicle exhaust aftertreatment business in Europe and in the United States for an enterprise value of EUR150 million.”forvia.com

• 2 sources
• forvia.comFaurecia and Cummins in Exclusive Negotiations Regarding the Potential Sale of a Designated Part of Faurecia’s Commercial Vehicle Exhaust Business in Europe and the United States | FORVIAFeb 16, 2023
• forvia.comForvia confirms the successful progress of its asset disposal program with the entry of Stellantis in Symbio's capital | FORVIAMay 16, 2023

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