# HDT Automotive Solutions to acquire Veritas AG

HDT Automotive Solutions has agreed to acquire Veritas AG, an automotive supplier of fluid, thermal and sealing management systems. The transaction is expected to close at the end of October 2021 and will create a global leader with revenue approaching $1B.

- Type: Acquisition
- Announced: 2021-06-23
- Where: Gelnhausen, Germany, Germany
- Status: announced
- Products: fluid handling systems, thermal management systems, sealing systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HDT Automotive Solutions](https://endata.com/companies/56000.md) (acquirer)
- [Veritas AG](https://endata.com/companies/56001.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hdt-automotive-to-acquire-veritas-ag-301318056.html), 2021-06-23: "The acquisition immediately transforms HDT by doubling its size and creating a global leader in fluid handling systems with revenue approaching $1B."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.