HELLA to quit HBPO joint venture in €290m deal with Plastic Omnium

HELLA to quit HBPO joint venture in €290m deal with Plastic Omnium

HELLA, a German automotive part supplier owned by Faurecia, has agreed to sell its stake of 33.33% in Hella Behr Plastic Omnium (HBPO) for €290 million to its joint venture partner Plastic Omnium. Based in Germany, HBPO offers individual module solutions for cockpit and front-end modules (FEM), air control systems like Rollo, Active Grille Shutter, […]