AUO completes acquisition of BHTC for €600 million

AUO Corporation has completed its acquisition of German company Behr-Hella Thermocontrol GmbH (BHTC) for an enterprise value of €600 million, gaining 100% equity. The deal strengthens AUO's position in smart mobility services as a Tier 1 automotive supplier.

“The integration of the two companies solidifies AUO's expansion into the smart mobility ecosystem, optimizes resource allocation of both entities, and achieves definitive synergistic effects.”prnewswire.com

• 2 sources
• prnewswire.comAUO Announces Completion of BHTC Acquisition, Strengthening its Supplier Leadership in Smart Mobility ServicesAUO CorporationApr 2, 2024
• marklines.com[Gen-AI Analysis] MAHLE and FORVIA HELLA complete sale of 50:50 joint venture BHTC to AUO Corporation - MarkLines Automotive Information & Gen-AI PlatformApr 3, 2024

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