HELLA to become sole shareholder of brake joint venture Hella Pagid with TMD Friction

Hella GmbH & Co. KGaA (HELLA) announced that it has inked a letter of intent with TMD Friction to acquire the 50% share currently held by TMD Friction in the brake joint venture Hella Pagid.
HELLA will thus become the sole shareholder of Hella Pagid. From October 1, 2024, it will start distributing brake products und....

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