Faurecia has announced a public tender offer to acquire a 60% stake in Hella, creating the seventh-largest global automotive supplier focused on innovation and sustainability.

Information on the Target

Faurecia has initiated a public tender cash offer for Hella, aiming to acquire a controlling 60% stake from the family pool. This strategic acquisition will establish a formidable global automotive supplier, currently ranked seventh, characterized by an advanced technology portfolio that addresses key industry megatrends.

The combination of Faurecia and Hella is poised to foster innovation, operational excellence, and customer satisfaction. Hella’s identity and workforce will remain integral to the newly formed entity, with Lippstadt serving as the global headquarters for three out of six business groups. This merger will lead to combined sales of approximately €3.7 billion in Electronics and Software sectors, enhancing critical mass across all operations with sales exceeding €3 billion each.

Industry Overview in the Target’s Specific Country

The automotive industry in Germany, home to both Faurecia and Hella, is renowned for its innovative edge and technological advancements. It plays a significant role in the country’s economy, generating substantial