The takeover of HELLA has been successfully completed by FAURECIA. This was announced by both companies today. The transaction creates the seventh largest automotive supplier worldwide and a global market leader in high-growth technology fields. FAURECIA, a global leader in the automotive industry, has successfully completed the acquisition of HELLA after receiving all necessary regulatory approvals. FAURECIA acquired a total of approx. 79.5 percent of the shares in HELLA, including the 60 percent share package of the HELLA pool shareholders as well as ca. 19.5 percent as part of the public takeover offer ended on 11 November 2021. The transaction creates the seventh-largest automotive supplier worldwide and a global market leader in high-growth technology fields. "We are now opening a new chapter in our corporate history," says HELLA CEO Dr. Rolf Breidenbach. "Although we will continue to operate as a legally independent company, our new majority shareholder FAURECIA opens up additional opportunities that we would not have on our own. By pooling our specific strengths, we will be able to drive change in our industry even better and shape the mobility of tomorrow." FAURECIA CEO Patrick Koller says: "HELLA and FAURECIA complement each other perfectly, in terms of technologies, customers and markets. We are therefore pleased that HELLA is now part of the FAURECIA Group. This will enable us to serve key future topics even better, and both companies will thus receive additional impetus. Above all, HELLA and FAURECIA are healthy, profitable companies with a strong future. We will therefore work together effectively from day one and immediately address the potential we have identified upfront." In the course of the closing, the takeover offer has been settled accordingly and the offer price of € 60.00 per HELLA share has today been instructed for payment to the shareholders of HELLA who tendered their shares under the takeover offer. The former pool shareholders of HELLA hold a stake in FAURECIA of approx. 9 percent and have become the largest shareholder of FAURECIA. Against this background, the appointment of a family pool representative to the FAURECIA Board of Directors will be proposed at the next FAURECIA shareholders' meeting.