# 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%.

- Type: Acquisition
- Announced: 2024-06-28
- Where: Lippstadt, Germany
- Value: $6.00B (5.30B EUR)
- Status: announced
- Products: lighting, electronics, energy management, sensors, actuators
- 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

- [justauto.h5mag.com](https://justauto.h5mag.com/just-auto_magazine_dec21/deals_dynamics), 2024-06-28: "Combination will create seventh largest global automotive supplier."

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