# 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.

- Type: Acquisition
- Announced: 2023-02-16
- Value: $160.0M (150.0M EUR)
- Status: announced
- Products: commercial vehicle exhaust aftertreatment systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md)
- [Faurecia](https://endata.com/companies/1483.md) (partner)
- [Cummins](https://endata.com/companies/6668.md) (acquirer)

## Sources

- [forvia.com](https://www.forvia.com/en/press/faurecia-and-cummins-exclusive-negotiations-regarding-potential-sale-designated-part), 2023-02-16: "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](https://www.forvia.com/en/press/forvia-confirms-successful-progress-its-asset-disposal-program-entry-stellantis-symbios), 2023-05-16: "The sale of part of Faurecia's commercial vehicle exhaust gas aftertreatment business in Europe and the United States... is currently under exclusive and final negotiations with Cummins"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.