UK/USA: Faurecia and Sommer Allibert merger forms new automotive interior muscle for Europe
Ripples from the announced Faurecia acquisition of fellow French supplier Sommer Allibert will be felt well beyond French borders, according to Kevin Mann, director of European operations for CSM Worldwide. To some in the automotive industry, those ripples could feel more like a series of pounding waves. The two companies offer complementary products with Sommer Allibert leading the European instrument panel market (23%), door trim panel market (25%), and floor systems market (21%), with Faurecia positioned strongly in the seat assembly market (14%), seat adjuster market (40%), and seat recliner market (33% shares respectively). The companies' only significant overlap is in the cockpit module market where their combined share totals 21%. Faurecia also has a presence in the exhaust and front-end module market.
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