◂ Announcements

Jun 28, 2024ACQUISITIONLippstadt, Germany

Faurecia acquires 79.5% stake in Hella

Faurecia acquired a 60% stake from Hella family pool shareholders and completed a voluntary public tender offer for remaining shares, holding 79.5% of Hella. The deal values Hella at €6.7 billion for 100%.

Value

$6.00B (5.30B EUR)

Status

Announced

Productslightingelectronicsenergy managementsensorsactuators

CompaniesFaurecia acquirer Hella Group target

Sectors#Automotive Components

“Combination will create seventh largest global automotive supplier.”justauto.h5mag.com

1 source
justauto.h5mag.comDeals dynamics - just-auto magazine | Issue 12 | December 2021Jun 28, 2024

Summarized from public sources; check the original articles before acting on it.

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Faurecia acquires 79.5% stake in Hella · Endata