Announced
Financials
Tags
Domestic
Public
Majority
Acquisition
Pending
Auto Parts
vehicle components
automotive parts
Germany
Friendly
Single Bidder
Synopsis
Knorr-Bremse, a manufacturer of braking systems, agreed to acquire a 60% stake in HELLA, an automotive part supplier. Financial terms are not disclosed. HELLA is a global, family-owned company listed on the stock exchange that has a rich history spanning over 100 years.
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