Signed · France · Industrial technology
Autoneum agrees to acquire Trèves Group.
Autoneum, the Winterthur-based maker of acoustic and thermal management components for vehicles, signed an agreement on 2 November 2026 to acquire Trèves Group, a family-owned French supplier of automotive acoustic, thermal insulation, interior trim and trunk parts with about 4,600 employees at 26 production sites in 15 countries. Closing is expected in early 2027, subject to consultation of the Trèves employee bodies and regulatory approvals. It was signed on 2 November 2026. It had not completed by 2 November 2026.
SigningDay 100
Signing 2 November 2026
- Buyer
- Autoneum Holding Ltd ·Winterthur, Switzerland
- Target
- Trèves Group ·Issy-les-Moulineaux, France
- Type
- Acquisition
- Announced
- 2 November 2026
- Signed
- 2 November 2026
- Value
- about EUR 40 million plus up to EUR 24 million earn-out
- People
- approximately 4,600
- Last checked
- 2 November 2026
The people side in France
- A French target with 50 or more employees consults its works council (CSE) before any binding decision. Labour Code (Code du travail), articles L2312-8 and L2312-14
- In a sale of the business, a merger or another change in the employer's legal situation, all employment contracts in force continue with the new employer. Labour Code (Code du travail), article L1224-1
- Where a deal meets the French merger control thresholds, the parties wait for the final decision of the Autorité de la concurrence before completing it. Autorité de la concurrence: Contrôle des concentrations
- In sensitive activities, prior authorisation is needed for a foreign buyer taking control or a business line, or a non-EU/EEA buyer crossing 25% of votes (10% if listed). Direction générale du Trésor: Les conditions d'une opération soumise à autorisation préalable
- A foreign company without an establishment in France that hires staff there declares them and pays their social contributions in France, through the Urssaf Foreign Companies service. Urssaf: Foreign companies service
- Where the deal needs EU merger clearance, the buyer may not implement it before clearance. EU Merger Regulation (Council Regulation (EC) No 139/2004), article 7
Sources
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