EQS-Ad-hoc: HELLA GmbH & Co. KGaA: HELLA sells BHTC shares to AUO Corporation (Taiwan)

Publicated on 10/02/2023

HELLA GmbH & Co. KGaA / Key word(s): Disposal/Joint Venture
HELLA GmbH & Co. KGaA: HELLA sells BHTC shares to AUO Corporation (Taiwan)

02-Oct-2023 / 14:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Lippstadt, 2 October 2023. HELLA GmbH & Co. KGaA (“HELLA”) sells its 50 percent stake in the joint venture Behr-Hella Thermocontrol (“BHTC”) as part of an overall transaction over 100 percent to the listed AUO Corporation (Taiwan). Today, HELLA has signed the relevant agreement with the buyer AUO Corporation and the joint venture partner MAHLE Behr GmbH & Co. KG (“MAHLE”), part of the MAHLE Group, which is also selling its shares. The total purchase price is based on an enterprise value of 600 million euros. HELLA expects a book profit of around 100 million euros for the BHTC shares. The transaction is currently still subject to approval by the relevant foreign trade and antitrust authorities; closing is expected to take place by mid-2024.

End of Inside Information

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Language:	English
Company:	HELLA GmbH & Co. KGaA
	Rixbecker Str. 75
	59552 Lippstadt
	Germany
Phone:	+49 (0)2941 38-7125
Fax:	+49 (0)2941 38-6647
E-mail:	Investor.Relations@hella.com
Internet:	www.hella.de/ir
ISIN:	DE000A13SX22, DE000A3E5DP8
WKN:	A13SX2, A3E5DP
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID:	1739205


End of Announcement	EQS News Service

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