Huf Hülsbeck & Fürst to acquire a 30% stake in Sodecia.

Huf Hülsbeck & Fürst, a German automotive supplier specializing in secure car access and authorization systems, agreed to acquire a 30% stake in Sodecia, a family-owned Portuguese automotive supplier. Financial terms were not disclosed. "Sodecia is the ideal partner for Huf. The family-owned company from Portugal has extensive expertise and resources that will enable Huf to not only strengthen its operational excellence but also to invest in even more innovative car access and authorization solutions," Ulrich Hülsbeck, Huf Chairman.