# Faurecia completes takeover of Hella, holding 79.5% stake

Faurecia announced the final results of its voluntary public takeover offer for Hella, holding 79.5% of shares upon completion, representing an investment of €5.3 billion. The transaction is expected to close early 2022.

- Type: Acquisition
- Announced: 2022-11-16
- Value: $5.60B (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

- [forvia.com](https://www.forvia.com/en/press/final-results-faurecia-takeover-offer-hella), 2022-11-16: "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.