# Faurecia to sell SAS Cockpit Modules division to MOTHERSON Group for €540 million

Faurecia, a company of the FORVIA Group, received a firm commitment from the MOTHERSON Group to acquire 100% of the SAS Cockpit Modules division for an enterprise value of €540 million. The transaction is expected to close mid-2023.

- Type: Acquisition
- Announced: 2023-02-19
- Value: $580.0M (540.0M EUR)
- Status: announced
- Products: cockpit modules, assembly and logistics services
- 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)
- [Faurecia](https://endata.com/companies/1483.md) (target)
- [Motherson](https://endata.com/companies/7485.md) (acquirer)
- [SAS Cockpit Modules](https://endata.com/companies/68639.md) (target)
- [SAS Autosystemtechnik](https://endata.com/companies/68642.md) (target)

## Sources

- [forvia.com](https://www.forvia.com/en/press/faurecia-sell-its-sas-cockpit-modules-division-motherson-group), 2023-02-19: "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."
- [magzter.com](https://www.magzter.com/stories/automotive/Autocar-Professional/MOTHERSON-WILL-BUY-SAS-FAURECIAS-COCKPIT-MODULE-BIZ), 2023-03-02: "The sale of the SAS business would help the Forvia Group company — Faurecia — to focus better on its core activities."
- [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 Faurecia's SAS Cockpit Modules division... to the Motherson Group, announced on February 19, is currently subject to regulatory approvals"

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