October 15 2021 Vidcast // Faurecia buys Hella : growth and technology
The birth of the world's seventh largest automotive supplier.
Here Professor Jacquet discusses a key transaction in the automotive world: the takeover by the giant Faurecia of the automotive lighting specialist Hella.
The combination of Faurecia and Hella will create the world’s seventh largest automotive supplier, which will focus on four growth areas, perfectly aligned with major industry trends.
The combined group will become a major technology player comprising six businesses, five of which – Electronics, Lighting, Seating, Interior, Sustainable Mobility – will each exceed The newly created Lifecycle Value Management business will grow rapidly to achieve a leading position.