Apollo Global Management Inc. is close to buying Forvia SE’s auto‑interiors unit for roughly €1.4 billion, insiders say. The deal would give Apollo a foothold in a niche that supplies seats, dashboards and trim to major automakers. Forvia, a former part of Continental, has carved a niche in high‑tech interior systems in the global supply chain.

The €1.4 billion valuation places the transaction among the larger private‑equity moves in automotive components this year. Apollo, known for restructuring portfolio companies, could leverage its financing muscle to expand Forvia’s reach into electric‑vehicle interiors. The deal would shift market dynamics, as suppliers seek scale to meet tightening safety and sustainability standards across the automotive industry.

For investors, the purchase signals confidence in the interior‑components segment, which is expected to grow as automakers shift toward premium, tech‑rich cabins. Apollo’s involvement could also prompt consolidation, as smaller suppliers look to merge for cost efficiencies. By acquiring Forvia’s unit, the firm may unlock new revenue streams in the high‑margin design sector for the automotive market.

The transaction will go through regulatory review and must secure shareholder approval from both companies. If closed, Apollo would become a major player in the automotive interior supply chain, potentially reshaping how component makers interact with OEMs. The deal also underscores the growing interest of private‑equity firms in high‑technology automotive segments for the future of the industry.