# FORVIA acquires remaining 50% of Faurecia Aptoide Automotive

FORVIA completed the acquisition of the remaining 50% shares from Aptoide in the joint venture Faurecia Aptoide Automotive, gaining full ownership of the automotive apps distribution platform.

- Type: Acquisition
- Announced: 2024-04-30
- Status: completed
- Products: automotive apps distribution platform
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [FORVIA](https://endata.com/companies/66110.md) (acquirer)
- [Aptoide](https://endata.com/companies/77123.md) (partner)
- [Aptoide](https://endata.com/companies/77123.md) (target)
- [Faurecia Aptoide Automotive](https://endata.com/companies/77124.md) (target)

## Sources

- [forvia.com](https://www.forvia.com/en/press/forvia-acquires-100-faurecia-aptoide-automotive-and-confirms-market-leadership), 2024-04-30: "FORVIA, the world’s seventh-largest automotive technology supplier, completed the successful acquisition of the remaining 50% shares from Aptoide in the joint venture Faurecia Aptoide Automotive (FAA)."
- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5275577/forvia-completes-acquisition-of-faurecia-aptoide-automotive), 2024-05-06: "Forvia has completed the acquisition of the remaining 50% shares from Aptoide in the joint venture Faurecia Aptoide Automotive (FAA)."
- [drivingvisionnews.com](https://www.drivingvisionnews.com/news/2024/05/23/forvia-acquires-faurecia-aptoide-automotive/), 2024-05-23: "Forvia have completed their acquisition of the remaining 50 per cent of shares from Aptoide in the joint venture Faurecia Aptoide Automotive."

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