Target Information

Adler Pelzer Group (APG) is entering exclusive discussions to acquire Faurecia Acoustics and Soft Trims (AST). Faurecia AST operates across Europe, with industrial plants situated in France (Marckolsheim, Saint-Quentin, Mouzon, Mornac), Luxembourg (Eselborn), the United Kingdom (Washington), Spain (Olmedo), Poland (Legnica), and an R&D center in France (Mouzon). The division employs approximately 1,820 individuals and reported sales of €385 million in 2019.

Industry Overview

The automotive industry in Europe is a crucial sector that influences the continent's economy significantly. It is marked by rapid technological advancements, particularly in areas such as sustainability, connectivity, and autonomous driving. European manufacturers are investing heavily in R&D to develop innovative solutions that cater to changing consumer preferences and environmental regulations. As a result, companies are continuously optimizing their product offerings to maintain competitive advantage.

Moreover, as concerns around climate change and resource management rise, the automotive sector is pivoting towards sustainable practices. This includes the ado