FORVIA SE

Is FORVIA publicly traded?
Yes. FORVIA SE trades on Euronext Paris under ticker FRVIA.

Is FORVIA the same as Faurecia?
Essentially. FORVIA is the renamed group formed when Faurecia SE acquired HELLA and rebranded in 2022. Faurecia survives as the group's heritage operating brand.

Who owns FORVIA?
About 76 percent is free float on Euronext Paris. Peugeot Invest is the largest single shareholder at roughly 9 percent, and the Hueck family retains a reduced stake.

What does FORVIA make?
Vehicle seats, interior systems, exhaust and clean mobility systems, cockpit and sensor electronics, automotive lighting, and aftermarket lifecycle services.

Why is FORVIA selling Interiors?
To sharpen its portfolio on higher-growth technology businesses and reduce debt by at least 1 billion euros, as announced with 2025 results in February 2026.

Who is the CEO of FORVIA?
Martin Fischer, appointed March 2025, succeeding Patrick Koller.

FORVIA's story begins with its two parents. HELLA was founded in 1899 in Lippstadt, Germany, as a lantern and later automotive lighting specialist, evolving over a century into a leader in headlamps, sensors, and vehicle electronics under family ownership. Faurecia formed in 1997 when PSA Peugeot Citroen merged its equipment arm ECIA with seat maker Bertrand Faure, then spent two decades becoming a top-tier supplier in seats, interiors, and clean mobility.

Faurecia's path to HELLA ran through crisis and reinvention: it nearly collapsed in the 2009 downturn, rebuilt through the 2010s, acquired Clarion in 2018 to seed electronics, and in August 2021 agreed to buy a 60 percent stake in HELLA from the founding Hueck family for roughly 6 billion euros, later moving to near-full control.

The combination closed in early 2022, and the merged group renamed itself FORVIA, structured into six business groups: Seating, Interiors, Clean Mobility, Electronics, Lighting, and Lifecycle Solutions. The HELLA deal left the group with heavy debt, and subsequent years were defined by deleveraging, restructuring programs, and portfolio pruning.

Martin Fischer, formerly of ZF, became CEO in March 2025, succeeding Patrick Koller, who had led Faurecia since 2016 and engineered the HELLA deal. Under Fischer the group accelerated portfolio sharpening, announcing with its February 2026 results a planned divestiture of the Interiors business group, expected to cut net debt by at least 1 billion euros. For 2025 FORVIA posted 26.2 billion euros in sales, 5.6 percent operating margin, 962 million euros of net cash flow, and a 2.1 billion euro net loss driven by non-cash charges tied to the rationalization.

FORVIA is a constituent of the CAC SBT 1.5-degree index and has adopted a net-zero 2045 ambition with science-based interim targets. Its Lifecycle Solutions business in remanufacturing is a circular economy operation aligned with EU right-to-repair trends.

The group publishes detailed sustainability reporting covering factory emissions, materials, and its workforce of 137,500. Its central tension is the Clean Mobility business: profitable today but structurally tied to combustion volumes, which is why portfolio reshaping matters to both its ESG profile and valuation.

FORVIA and its HELLA unit regularly win Automotive News PACE Awards for supplier innovation and appear on supplier-of-the-year lists issued by major OEM customers. Its sustainability standing is recognized through index membership and above-average CDP scores for the sector.

The group's scrutiny centers on financial structure and restructuring rather than scandal. The HELLA acquisition's debt load drew credit rating pressure, and successive restructuring programs have involved plant reorganizations and workforce reductions negotiated with European works councils.

The 2025 results included a 2.1 billion euro net loss driven by non-cash impairments and IFRS 5 discontinued-operations accounting for Interiors, and the divestiture process itself carries execution and labor consultation requirements in France and Germany. Product-level, the company manages routine supplier recalls as part of OEM programs without a defining safety scandal as of November 2026.