Hengeler Mueller advises the family shareholders of HELLA GmbH & Co. KGaA on the sale of their majority shareholding to Faurecia

16. August 2021

The family shareholders of the German automotive supplier HELLA decided to sell their majority shareholding of 60 % to French automotive supplier Faurecia. The acquirer will also offer the remaining HELLA shareholders to purchase their shares in a public tender offer. The family shareholders will hold a minority stake of up to 9% in Faurecia after completion of the sale and acquisition.

Hengeler Mueller has advised the family shareholders together with Best Friends law firm Bredin Prat and investment bank Rothschild & Co. on this transaction. The sale process was designed as a competitive procedure in which parallel negotiations were held with several interested parties.

The team was led by the partners Thomas B. Paul and Thomas Meurer (both Corporate/M&A, Düsseldorf) and included the partners Matthias Scheifele (Tax, Munich), Alf-Henrik Bischke (Antitrust, Brussels), Daniela Böning (Financing, Frankfurt) and Dirk Uwer (Public Law, Düsseldorf) as well as associates Maximilian Hermans, David Annussek, Matthias Marz, Lech Kopczynski (all Corporate/M&A, Düsseldorf), Sebastian Heinrichs (Frankfurt), Carina Kämpf (Munich) (both Tax), Christian Jopen (Antitrust) and Carsten Bormann (Public Law) (both Düsseldorf).