Announced

Completed

AUO completed the acquisition of Behr-Hella Thermocontrol from MAHLE and HELLA for €600m.

Synopsis

AUO, an electronics corporation, completed the acquisition of Behr-Hella Thermocontrol, a climate control and thermal management company, from MAHLE and HELLA for €600m. "AUO has built solid foundations in innovative display technology, particularly in the automotive display sector, where we have been active for many years. BHTC possesses world-class capabilities in research and manufacturing. By closely integrating both companies, we are leveraging synergistic benefits and vertical integration to continue our long-term strategies. Our joint efforts will expedite the connection of automotive industry supply and value chains worldwide, allowing us to seize market opportunities with strategic foresight and enhance our position in the smart mobility ecosystem," Frank Ko, AUO CEO and President.

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