# Sodecia acquires minority stake in Huf Group

Sodecia S.A. will acquire a 30% minority stake in Huf Group, with plans to increase to a majority stake by 2028. Huf Group specializes in vehicle access and authorization systems for the automotive industry.

- Type: Acquisition
- Announced: 2024-12-20
- Status: announced
- Products: vehicle access systems, authorization systems, electronic solutions, software solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sodecia](https://endata.com/companies/49162.md)
- [Huf Hülsbeck & Fürst GmbH & Co. KG](https://endata.com/companies/35532.md) (target)

## Sources

- [newsroom.manda.co](https://newsroom.manda.co/freshfields-advises-the-shareholder-families-of-huf-on-partnership-with-sodecia/), 2024-12-20: "Sodecia will initially acquire a minority interest of 30% in Huf Group and provide significant shareholder funds that Huf will use to pursue its growth plans."

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