Forvia Evaluating Sale of Clarion Electronics, Target H1 Revenue €776.5M
According to Bloomberg, French auto parts supplier Forvia is evaluating the sale of its Japanese Clarion Electronics business to reduce debt and streamline operations. It is currently working with advisors, the review is still at an early stage, and Forvia declined to comment. Clarion Electronics focuses on cockpit systems, with sales of EUR 776.5 million in the first half of 2026, up 14% year over year, accounting for 7.4% of the group's total sales, and has been placed in its value business cluster. Forvia had previously planned to sell its automotive interiors business and split its business clusters. Its shares have fallen 33% so far this year, and its market value has dropped to EUR 1.8 billion. Potential buyers may be Japanese domestic and Asian strategic investors, and the transaction remains uncertain. This case provides a reference for Chinese automakers' overseas M&A.
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