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PRESS RELEASE HELLA and Faurecia agree to combine their businesses : Partnership opens additional growth potential Faurecia acquires the 60 percent stake from the pool shareholders of HELLA and announces tender offer to acquire the remaining HELLA shares for € 60 per share Combination of the two companies creates 7th largest global automotive supplier and a global market leader in high - growth technology areas HELLA focus areas to continue significant investment in research and development and to retain a high degree of operative responsibility Management , Shareholders ' Committee and Supervisory Board welcome the transaction Lippstadt , 14 August 2021. The lighting and electronics specialist HELLA and French automotive supplier Faurecia today signed an agreement on the combination of the two companies . As part of the transaction , Faurecia will acquire the 60 percent stake held by HELLA pool shareholders . In addition , Faurecia has announced a voluntary public tender offer to acquire the remaining HELLA shares at an offer price of € 60 per share ( gross offer price of € 60.96 including the expected dividend of € 0.96 per HELLA share ) . The closing of the transaction is subject to regulatory approvals and is expected in early 2022. The pool shareholders of HELLA will retain an up to 9 % stake in the listed parent company via a reverse shareholding and therefore will continue to closely accompany HELLA in the future . A pool representative is also to join Faurecia's Board of Directors . By combining their activities , HELLA and Faurecia will become the 7th largest global automotive supplier . This opens up significant potential for further profitable growth . HELLA and Faurecia today already are global market leaders in their respective fields . By combining their respective strengths , HELLA and Faurecia aim to further expand their market position , particularly in key growth areas such as Electric Mobility , Automated Driving and Vehicle Interior Design , and to further strengthen their position across customers and regions . HELLA Page 1 of 6