Hella to become limited company

Lippstadt. Lighting and electronics specialist Hella is preparing to go public.

Currently a private company owned by the partnership Hella KG Hueck & Co., Hella will become the limited company Hella KGaA Hueck & Co. if partners approve the change.

Hella boss Juergen Behrend's plan is to secure the supplier's independence on a long-term basis through this move. It will also enable it to be launched on the stock market.

"This is an important option that will provide us with wider financial opportunities," said Hella Finance Director Hans Sudkamp.

0

Shares

ATTENTION COMMENTERS: Over the last few months, Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Newsletters