Auria and Feltex Form New Joint Venture in South Africa to Manufacture Automotive Flooring, Acoustics and Fiber-based Products

East London, Republic of South Africa (April 25, 2022) – Auria Solutions, a global tier-one supplier of vehicle flooring, acoustical and fiber-based products, and Feltex Automotive, a long-established regional manufacturer of automotive textiles and acoustic components, have announced the formation of a new joint venture that will serve certain automotive OEMs (Original Equipment Manufacturers) in the region. Feltex acquired a minority stake in Auria South Africa (Pty.) Ltd., a wholly owned subsidiary of Auria Solutions…