Faurecia: Acquisition of remaining 50 % of SAS joint venture

Faurecia announced that it has signed a Memorandum of Understanding to acquire the remaining 50 % of its SAS joint venture from Continental. This joint venture was established in 1996 and has become a key player in complex interior module assembly and logistics. The company employs 4,490 people in 19 facilities in Europe, North America and South America. Sales are expected […]