Faurecia signed an agreement to transfer to cummins a part of its commercial vehicle business in europe and in the united states

Faurecia signed an agreement to transfer to cummins a part of its commercial vehicle business in europe and in the united states following an exclusive negotiations phase, faurecia, a forvia group company, and cummins have signed a share and asset purchase agreement under which faurecia will sell a part of its commercial vehicle exhaust aftertreatment business in europe and the us to cummins for an enterprise value of 142eur million after final technical adjustments. the agreement transfers two faurecia manufacturing plants located in roermond, the netherlands and columbus, indiana, usa and their associated activities to cummins.
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