# Faurecia to acquire 79.5% stake in Hella for €5.3 billion

Faurecia announced the final result of its takeover offer for Hella, holding 79.5% of shares after the additional acceptance period. The investment is €5.3 billion for the stake, with closing expected in early 2022.

- Type: Acquisition
- Announced: 2021-11-16
- Value: $6.00B (5.30B 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

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/11/16/2335019/0/en/Faurecia-will-hold-79-5-of-Hella-and-will-be-able-to-implement-strategy-for-accelerating-value-creation-as-from-Day-1-after-closing.html), 2021-11-16: "Faurecia will hold 79.5% of Hella and will be able to implement strategy for accelerating value creation as from Day 1 after closing."

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