MAHLE and FORVIA HELLA successfully complete the sale of their shares in joint venture BHTC

2024-04-02
MAHLE Behr GmbH & Co. KG, a subsidiary of MAHLE Group, ("MAHLE") and HELLA GmbH & Co. KGaA ("FORVIA HELLA") today successfully completed the sale of their respective 50 percent stake in the joint venture Behr-Hella Thermocontrol ("BHTC") to AUO Corporation. The parties had signed an agreement to sell the shares on 2 October 2023; the transaction has now been approved by the relevant authorities. The total purchase price is based on an enterprise value of € 600 million.
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