# Faurecia completes acquisition of controlling interest in Hella

Faurecia has completed the acquisition of approximately 79.5% of shares in Hella GmbH & Co. KGaA, creating the world's seventh largest automotive supplier. The total value of the acquisition is EUR 5.3 billion.

- Type: Acquisition
- Announced: 2022-01-31
- Where: France
- Value: $5.99B (5.30B EUR)
- Status: completed
- Products: automotive technology and components
- 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)
- [Hella GmbH & Co. KGaA](https://endata.com/companies/60684.md) (target)

## Sources

- [forvia.com](https://www.forvia.com/en/press/faurecia-announces-completion-acquisition-hella-creating-worlds-seventh-largest-automotive), 2022-01-31: "Today, Hella and Faurecia are opening the first chapter of the newly combined Group."
- [global.chinadaily.com.cn](https://global.chinadaily.com.cn/a/202202/08/WS6202018fa310cdd39bc85582.html), 2022-02-08: "French automotive group Faurecia and German car parts supplier Hella said on Monday that they have merged into a group called Forvia."
- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/faurecia-hella-operation-to-be-now-known-as-forvia/89419640), 2022-02-08: "This new name reflects core elements of our Faurecia and HELLA brands, as well giving a good translation of our shared purpose – inspiring mobility."

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