FAURECIA takes over HELLA

7 February 2022  

HELLA has been bought by FAURECIA, and the move has made the combined companies the seventh-largest automotive supplier in the world

Commenting on the development, HELLA CEO Dr. Rolf Breidenbach said: “We are now opening a new chapter in our corporate history. Although we will continue to operate as a legally independent company, our new majority shareholder FAURECIA opens up additional opportunities that we would not have had on our own. By pooling our specific strengths, we will be able to drive change in our industry even better and shape the mobility of tomorrow.”

FAURECIA CEO Patrick Koller added: “HELLA and FAURECIA complement each other perfectly, in terms of technologies, customers and markets. We are therefore pleased that HELLA is now part of the FAURECIA Group. This will enable us to serve key future topics even better, and both companies will thus receive additional impetus. Above all, HELLA and FAURECIA are healthy, profitable companies with a strong future. We will therefore work together effectively from day one and immediately address the potential we have identified upfront.”