HELLA sells stake in HBPO joint venture to Plastic Omnium
Move aimed at sharpening HELLA’s profile as a technology company with lighting, electronics and lifecycle solutions at its core
German automotive supplier HELLA, which operates under the umbrella brand FORVIA, announced that it has agreed the sale of its 33.33% stake in ‘HBPO Beteiligungsgesellschaft mbH’ to its co-shareholder, Plastic Omnium, according to a press release dated 28 July.
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