# HDT Automotive to acquire majority of Veritas AG

HDT Automotive Solutions has agreed to acquire the majority of the business of Veritas AG, an automotive supplier based in Gelnhausen, Germany. The acquisition includes Veritas' headquarters, technical center, and manufacturing operations in Germany, Austria, Bosnia-Herzegovina, Hungary, and Mexico.

- Type: Acquisition
- Announced: 2024-05-21
- Where: Gelnhausen, Germany, Germany
- Status: announced
- Products: thermal management systems, HVAC components, EV components, fluid management systems, sealing management systems, rubber hose, plastic tubing
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HDT Automotive Solutions](https://endata.com/companies/56000.md) (acquirer)
- [Veritas AG](https://endata.com/companies/56001.md) (target)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/713137888/hdt-automotive-to-acquire-majority-of-the-business-of-veritas-ag), 2024-05-21: "We are very pleased to have entered into a definitive agreement to purchase the majority of the assets and subsidiaries of Verita"

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