Faurecia takes over automotive business of Sora Composites

Faurecia announces the acquisition of the automotive business of Sora Composites, a company which possesses an established expertise in the field of composite plastics and the use of glass and carbon fiber for automotive applications. The two plants affected by this acquisition are located in Theillay and Saint-Méloir-des-Ondes, with the operational headquarters based in Changé (all three sites in France). This business generates annual sales of around EUR 70 million with a total staff of 500.
 
The parts produced in both plants of Sora Composites include body and structural parts for both mainstream automakers such as Renault and PSA Peugeot Citroën, as well as premium car makers such as Aston Martin, Audi, Lotus and McLaren Automotive.
 
This acquisition is an important step in the development of Faurecia’s expertise in the field of plastic composites, a technology which is expected to experience strong growth over the coming years.
 
Faurecia is the world's sixth largest and the Europe's third largest automotive supplier.

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