Faurecia was formed in 1997 following a merger between Bertrand Faure—a specialist in spring-based seat cushions for the automotive industry—and ECIA—a Peugeot subsidiary and manufacturer of seats, front ends and vehicle interiors with a reputation as one of Europe’s leading names in exhaust systems.
With 32,000 employees and sales of nearly €4 billion in 1998, the Faurecia Group quickly established itself. It went on to gain a solid foothold in the market for exhaust systems in the United States by acquiring US company AP Automotive Systems.
In 2000, it acquired Sommer Allibert, a company created in the 1980s through a merger between Alfred Sommer (vehicle floor coverings) and Allibert (molded plastic parts).
With 320 sites including 30 R&D centers in 34 countries around the world, Faurecia is now : automotive seating, interior systems, automotive exteriors and emissions control technologies. Faurecia is the world’s number one supplier of seat frames and mechanisms, emissions control technologies and vehicle interiors. The Group is also the world’s third-largest supplier of complete seat systems and is Europe’s leading name in automotive exteriors.
Faurecia has strengthened its position in each of these areas through a series of acquisitions. In 2010, it became world leader in emissions control technologies by acquiring exhaust specialist Emcon Technologies. In Europe, it expanded its range of automotive exterior and bodywork solutions by absorbing Plastal’s business interests in Spain and Germany in 2010, followed by the company’s operations in France in 2012.
The same year, in the United States, it acquired the Ford plant in Saline, Michigan, bolstering the position of Faurecia Interior Systems as market leader in North America and making Ford the Group’s number two customer.
ACTIVE INTERNATIONAL EXPANSION
for Faurecia. The Group has been operating in China for over 15 years, where it helps leading international customers to expand in a market that offers huge potential. Faurecia has also begun forging strategic alliances with Chinese automakers such as Geely (which now owns Volvo), the Xuyang Group and, more recently, Chang’An.
Faurecia draws on a network of 35 production sites in the country and is set to maintain its growth. The Group also has state-of-the-art TechCenters in Minbei and Shanghai, home to its full range of R&D expertise, covering everything from initial CAD to prototype testing.
Faurecia’s four Business Groups are all present in South America, where it has built an enormous production plant, a cutting-edge R&D center and headquarters for its Emissions Control Technologies Business Group in Limeira, Brazil. Faurecia has also begun Automotive Exteriors production at two new sites in Brazil and Argentina.