Hella Pagid

Activity by year

2023202420252026

Acquisition

Dec 1, 2023ACQUISITIONLeverkusen, Germany
HELLA to take full control of brake joint venture Hella Pagid
HELLA and TMD Friction have agreed to transfer TMD Friction's 50% stake in Hella Pagid to HELLA, making HELLA the sole shareholder. The purchase price is undisclosed.
TMD Friction target Hella GmbH & Co. KGaA acquirer Hella Pagid target #Automotive Components tmdfriction.com
Dec 1, 2023ACQUISITIONLippstadt, Germany
HELLA to acquire full ownership of Hella Pagid joint venture
HELLA and TMD Friction have agreed that HELLA will acquire the 50% stake in the Hella Pagid joint venture held by TMD Friction, making HELLA the sole shareholder. The transaction is expected to close by October 1, 2024.
Hella Group acquirer TMD Friction partner TMD Friction target Hella Pagid target #Automotive Components hella.com autotechinsight.spglobal.com

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