Callista Private Equity to acquire the NFPP & WFPP Business Unit in Spain from Faurecia.

Callista Private Equity, a private equity firm, agree to acquire the NFPP & WFPP Business Unit in Spain from Faurecia, a global automotive company. Financial terms were not disclosed. This transaction seeks to boost this business unit under a new ownership that will explore the entry into new markets and operational improvements with the purpose of generating additional value in the long term through the differential products and technologies that it currently has.