ADLER PELZER
Acquisition of Faurecia acoustic unit / Eight plants in Europe could change hands
Flexible interior coverings (Photo: Adler Pelzer)
The price and contract are not yet final, but Germany’s Adler Pelzer (Hagen; www.adlerpelzer.com) and France’s Faurecia (Nanterre; www.faurecia.com) have held exclusive talks about the sale of Faurecia’s acoustics and soft trims division. Under consideration are eight plants spread across Europe with a total of 1,800 employees in a unit that most recently generated sales of EUR 385m. The deal could also include a development centre in France, home country to four factories in the division.

The negotiations signal a decision to stay the course at Adler Pelzer, which posted EUR 1.4 bn in sales in 2020 and last year took over the acoustics segment of Germany’s STS (Hallbergmoos; www.sts.group – see Plasteurope.com of 18.11.2020).

In addition to the four French plants, the Faurecia unit includes one each in the UK, Luxembourg, Poland and Spain. A takeover could allow Adler Pelzer to, above all, expand its business with French automobile manufacturers Renault-Nissan and PeugeotCitroen PSA, the latter of which is now part of Stellantis with Fiat Chrysler; the German company could serve as a regional mainstay in Eastern Europe with the Polish plant.
25.02.2021 Plasteurope.com [247063-0]
Published on 25.02.2021
Adler Pelzer: Übernahme des Akustiksegments von FaureciaGerman version of this article...

© 2001-2021 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2021 by Plasteurope.com, Bad Homburg
Date of print: 18.04.2021 16:58:44   (Ref: 545277937)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp