Stellantis acquires stake in Symbio alongside Michelin and FORVIA

Stellantis has acquired a 33.33% stake in Symbio, a fuel cell mobility company, alongside Michelin and FORVIA, each holding equal shares. The transaction was completed on July 27, 2023, and contributes EUR 150 million to FORVIA's net debt reduction.

“FORVIA confirms the sale of part of its shareholding in Symbio to Stellantis, completed on July 27.”forvia.com

• 1 source
• forvia.comFORVIA welcomes Stellantis' entry into Symbio's capital alongside its long-standing partner Michelin | FORVIAAug 24, 2023

Summarized from public sources; check the original articles before acting on it.