# Faurecia to acquire 60% stake in Hella and launch tender offer for remaining shares

Faurecia announced a public tender offer to acquire all shares of Hella at €60 per share, and will acquire the 60% stake held by the Hella pool family shareholders for a combination of cash and shares, creating the 7th largest global automotive supplier.

- Type: Acquisition
- Announced: 2021-08-14
- Where: Lippstadt, Germany
- Value: $7.90B (6.70B EUR)
- Status: announced
- Products: automotive lighting, electronics
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md) (acquirer)
- [Hella Group](https://endata.com/companies/26970.md) (target)

## Sources

- [hella.com](https://www.hella.com/hella-com/en/press/Company-14-08-2021-19712.html), 2021-08-14: "HELLA and Faurecia today signed an agreement on the combination of the two companies."
- [forvia.com](https://www.forvia.com/fr/press/faurecia-va-lancer-une-offre-publique-dachat-en-numeraire-sur-hella-et-lacquisition-aupres-du), 2021-08-14: "Faurecia va lancer une offre publique d'achat en numéraire sur Hella et l’acquisition auprès du pool familial de sa participation de 60%"
- [reuters.com](https://www.reuters.com/article/business/faurecia-wins-bidding-tussle-over-auto-lights-maker-hella-idUSKBN2FF0H5/), 2021-08-14: "French car parts suppliers Faurecia on Saturday agreed to acquire a majority stake in German automotive lighting group Hella, trumping rival bidders and creating the world's seventh-largest player in a 6.7 billion euros deal."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/faurecia-buys-hella-stake-bids-for-rest-in-8-billion-deal-1), 2021-08-15: "Faurecia SE agreed to take over Hella GmbH in a deal valuing the German automotive supplier at 6.8 billion euros ($8 billion)."
- [mexicobusiness.news](https://mexicobusiness.news/automotive/news/faurecia-acquire-majority-stake-hella), 2021-08-25: "Faurecia signed an agreement with HELLA to acquire the latter's 60 percent stake held by its pool shareholders."

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