FAURECIA AND HELLA MERGE TO CREATE A GLOBAL AUTOMOTIVE LEADER
FORVIA: The New Name for the Combined Group
A Transformative Acquisition
Today, HELLA and Faurecia are opening the first chapter of the newly combined Group. This transforming acquisition brings together two global leaders in automotive technology to create a powerhouse in the industry.
Faurecia and HELLA are pleased to introduce FORVIA, the newly combined Group's name, following the successful completion of the merger. FORVIA is a global leader in fast-growing automotive technologies, fully aligned with the industry's transformation towards sustainable mobility and digitalization.
HELLA and Faurecia have agreed to their merger, becoming the seventh-largest automotive supplier worldwide. Faurecia acquires 60 percent of the shares in HELLA. Faurecia's acquisition of HELLA is a unique opportunity for two advanced technology companies to accelerate their transformation and become a global leader in the automotive industry.
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