Hella GmbH & Co. KGaA

Company Profile

■URL

https://www.hella.com

■Address

Rixbecker Straße 75, 59552 Lippstadt, Germany

Business Overview

-The Company develops and manufactures components and systems for automotive lighting and electronics. In addition, its joint venture companies produce front end modules, air conditioning systems and vehicle electric systems.

-The Company's operations are divided into three segments:

  • Automotive: The Automotive Segment is further divided into Lighting and Electronics divisions
  • Aftermarket
  • Special Applications


-The Company has a 12% global market share and is ranked second in Europe in automotive lighting.

 

-The Company and Faurecia signed an agreement on the combination of the two companies. Faurecia will acquire the 60% stake held by the Hella family, and in addition, Faurecia has announced a voluntary public tender offer to acquire the remaining the Company shares. By combining their activities, the Company and Faurecia will become the 7th largest global automotive supplier. By combining their respective strengths, the Company and Faurecia aim to further expand their market position, particularly in key growth areas such as electric mobility, automated driving and vehicle interior design, and to further strengthen their position across customers and regions. (From a press release on August 14, 2021)

Shareholders

-As of November 2014, the Company is listed on both the Frankfurt Stock Exchange and Luxembourg Stock Exchange.

-As of May 31, 2021, 60% of the Company’s shares are family owned, while the remaining 40% of shares are publicly traded.

-Hella and Faurecia signed an agreement on the combination of the two companies. As part of the transaction, Faurecia will acquire the 60% stake held by the Hella family. In addition, Faurecia has announced a voluntary public tender offer to acquire the remaining Hella shares at an offer price of EUR 60 per share (gross offer price of EUR 60.96 including the expected dividend of EUR 0.96 per Hella share). The closing of the transaction is subject to regulatory approvals and is expected in early 2022. (From a press release on August 14, 2021)

Products

Automotive Lighting
Headlamps
-Halogen headlamps
-Xenon headlamps
-LED headlamps
-Adaptive front lighting systems (AFS)
-Adaptive cut-off line lighting
-Vertical cut-off line lighting
-Matrix LED headlamps
-Front indicator lamps
-Work lamps
-Headlamp lens cleaning equipment

Combination rear lamps
-Indirect reflectors
-Direct reflectors
-Double reflectors
-Prism rods
-Light curtains
-Edgelights
-Glowing elements
-Mirror tunnels

Interior lighting
-Interior central lighting systems
-Interior lighting and reading lamps
-Multifunctional interior lamps
-Electronic lighting control components
-Roof consoles
-Ambient lighting systems
-Small interior lamps

Car body lighting
-Fog lamps
-Daytime running lights
-Front combination lamps
-Turn indicators
-Center high mounted stop lamps
-License plate lamps
-Rear signal lamps
-Marker lights
-Light projection systems

Lighting electronics
-AFS control units
-Power modules
-LED control units
-Xenon ballasts
-Control units for headlamp leveling systems
-Sensor-integrated control units for headlamp leveling systems

Automotive Electronics
Body electronics
-Body control modules
-Seat control modules
-Interior control units
-Trailer tow modules
-Passive entry/go systems
-Keys and ID transmitters
-Access and authorization systems for keyless entry

Energy management systems
-Intelligent battery sensors
-Voltage stabilizers
-DC/DC converters
-Fuel pump control modules
-EPS control units
-Auxiliary heating modules
-Li-ion battery electronics
-Battery management systems

Driver assistance systems
-Lane change assist systems
-Rear active safety systems
-Rear cross traffic alert
-Distance warning sensors
-24 GHz radar sensors
-77 GHz radar sensors
-Radomes
-Camera software

Actuators
-Body actuators
-Engine compartment actuators
-Vacuum pumps
-Headlamp cleaning systems
-Relays
-Horns

Sensors
-Position sensors
-Accelerator pedal sensors
-Rain / Light sensors
-Oil sensors
-Steering torque / Angle sensors
-Transmission range sensors
-Vehicle level sensors
-Throttle position sensors
-Shake sensors
-Air quality sensors
-Climate sensors
-Temperature sensors
-Solar sensors
-Non-contact humidity sensors

Electric power steering control modules

Smartphone connectivity systems

History

1899 The "Westfalische Metall-Industrie Aktien-Gesellschaft" (Westphalian Metals Industry Ltd.) (WMI) is founded as a special factory for headlamps, cornets and fittings for bicycles and automobiles.
1908 The "Hella" brand name was created for the top product in the acetylene headlamp range.
1911 Construction of a factory on the site of the present-day Plant 1 in Lippstadt, Germany.
1923 Acquisition of majority shareholding by the Hueck family
1951 The company founds its first subsidiary with Metallwerk Todtnau GmbH, known since 1997 as Hella Innenleuchten-Systeme GmbH.
1955 Construction of Plant 3 in Paderborn, Germany (Today HDO and HLS)
1986 Company name is changed to "Hella KG Hueck & Co.".
1990 More than 20,000 employees worldwide
1991 The Company founds "Hella Fahrzeugsysteme GmbH", today known as "Hella-Behr Fahrzeugsysteme Meerane GmbH".
1992 Hella Autotechnik spol. s.r.o. is founded in the Czech Republic as the first production company in Eastern Europe.
1995 Certification in compliance with DIN EN ISO9001
1996 Expansion of activities through joint ventures in China, South Korea and Brazil.
1997 In the course of privatization in Slovenia, the Company acquires a majority shareholding in Saturnus Avtooprema d.d.
The Company is certified in compliance with QS9000 and VDA 6.1.
The Company established a production facility, which produces front end modules in the Czech Republic, through a joint venture company in collaboration with Behr.
1998 Hella Innenleuchten Systeme GmbH becomes competence center for interior lighting systems.
1999 Construction commences on a new factory for air-conditioning units under the auspices of the Hella-Behr cooperation.
Foundation of Hella Leuchten-Systeme GmbH as a competence center for signal lighting
2000 The Company celebrates its centenary anniversary in financial year 1999/2000.
Start of production commences in the new HLC lighting technology factory in York, USA.
2001 The Company and Leoni Bordnetz-Systeme GmbH established the Intedis joint venture company in Wurzburg, Germany for the development of intelligent vehicle electrical systems.
2002 The Company and Stanley Electric found holding company Hella-Stanley Holding Pty. Ltd., headquartered in Melbourne, Australia.
Apr. 2003 Converted into a partnership with limited shares, trading under the name Hella KGaA Hueck & Co.
2004 Formed a joint venture with Behr and Plastic Omnium to create HBPO, a supplier of front-end modules.
2005 Successful restructuring of German light and electronics factories to form global technology competency centers.
2006 Opened a new development and production site for motor-vehicle electronics in Timisoara, Romania.
Founding of Hella India Electronics, New Delhi, India, as a production site for horns and sensors.
The Company acquires Aglaia GmbH, Berlin, Germany, to strengthen innovation in the field of camera-based driver-assistance systems.
2008 Change in corporate form: new partnership with limited public shares and liability is named HELLA KGaA Hueck & Co.
2012 Formed a joint venture with Changchun FAWAY Automobile Components Co. Ltd. in Changchun, Jilin Province, China.
HBPO entered into the ASEAN market via a joint venture with DRB Hicom in Malaysia.
Apr. 2014 Announced establishment of a 50/50 joint venture named Beijing Hella BHAP Automotive Lighting Co., Ltd. in China with BAIC.
Dec. 2014 Celebrated inauguration of 50/50 joint venture, Beijing Hainachuan Hella Automotive Lamp Co., Ltd.
2017 Joint venture with Beijing Hainachuan Automotive Parts Co., Ltd., Beijing Hella BHAP Automotive Lighting Co., Ltd., officially launched the operation of its new plant in Tianjin
2018 Announced expansion of its global production capacity of electronic control units (ECU) for Electrical Power Steering (EPS) from Germany and China, with plans to add Romania, Mexico, Brazil and India by 2019.
Sep. 2018 Opened a new plant in Lithuania in the Kaunas Free Economic Zone.
Nov. 2018 The Company and Faurecia announced that they will cooperate in a strategic partnership for the development of innovative interior lighting solutions.
Jan. 2019 Announced that it has extended its partnership with AEye to deliver customized sensing and perception solutions for ADAS and Automated Driving based on AEye’s iDAR technology.
Jan. 2019 The Company and Plastic Omnium entered into a strategic cooperation.
Feb. 2019 The Company announced that it has opened a second electronics plant in India.
Aug. 2021 The Company and Faurecia signed an agreement on the combination of the two companies.

Supplemental Information 1