HELLA Europe goes public

November 18, 2014
HELLA Europe goes public
Share:

HELLA KGaA Hueck & Co., the global supplier of lighting technology and electronic products for the automotive industry and a key player in the European automotive spare parts market, has gone public in a move that will raise funding for further investment, research and development and increase business growth.


Trading in Hella shares commenced earlier this month on the regulated market of the Frankfurt Stock Exchange (Prime Standard), as well as on the Luxembourg stock exchange. The current family shareholders will continue as the long-term majority investor.

Dr Jürgen Behrend, Managing Partner commented, "HELLA has a highly successful track record in the global automotive industry. Our key priority is to continue HELLA‘s status as an independent family business.” He added, "Going public opens new opportunities to successfully continue our long-term growth strategy.”
PREVIOUS ARTICLE
Blue Print springs into action
NEXT ARTICLE
Dayco urges aftermarket to share in Ford’s success

More from AFTERMARKET

Discovery with an ABS sensor problem

Discovery with an ABS sensor problem

icon An Autobiz Helpline member gar...
Get smoother shifting with LIQUI MOLY Gear-Oil Additive

Get smoother shifting with LIQUI MOLY Gear-Oil Additive

icon Workshops and drivers may tend...
Bosch for the ultimate stopping power

Bosch for the ultimate stopping power

icon When it comes to aftermarket b...
CCPC issues warning on anticompetitive practices

CCPC issues warning on anticompetitive practices

icon The Competition and Consumer P...
Strongline Autoparts extend Meyle range

Strongline Autoparts extend Meyle range

icon Strongline Autoparts have been...
Schaeffler films new Wrenches & Wisdom episode at Hillclimb Garage

Schaeffler films new Wrenches & Wisdom episode at Hillclimb Garage

icon The Schaeffler team recently s...

More from AUTOBIZ