-The Company develops and manufactures components and systems for automotive lighting and electronics. In addition, its joint ventures produce thermal control systems and vehicle electric systems.
-With the short fiscal year combined with the acquisition of the Company and creation of the Forvia entity, the Company's operations have been reorganized into three segments:
Lighting: Focuses on headlamps, combination rear lamps, body lighting and interior lighting; Formerly part of the Automotive reporting segment.
Electronics: Focuses on automated driving, sensors and actuators, body electronics, and energy management; Formerly part of the Automotive reporting segment.
Lifecycle Solutions: Comprised of Independent Aftermarket, Workshop Solutions and Special Original Equipment divisions; The former Aftermarket and Special Applications reporting segments were merged to create this segment.
-On January 31, 2022, Faurecia SE completed the acquisition of the Company after receiving all necessary regulatory approvals. Faurecia acquired a total of 79.5% of the shares in the Company including 60% of the Company’s shares from the pool of family shareholders. (From press releases on January 31, 2022 and February 7, 2022)
-As of January 1, 2023, the Company is changing its fiscal year structure to match the calendar year. As such, it has inserted a short fiscal period from June 1, 2022 through December 1, 2022 to accommodate the change in timing. The previous fiscal year covers the period of time from June 1, 2021 to May 31, 2022. Because of the differing timescales, the two time periods can be compared only to a limited extent.
Shareholders
-The Company is listed on the Frankfurt Stock Exchange and Luxembourg Stock Exchange.
-As of February 8, 2023, Faurecia currently holds 81.59% of the Company’s shares, while the remaining 18.41% of Company shares are in free float.
Interior lighting -Interior central lighting systems -Interior lighting and reading lamps -Multifunctional interior lamps -Roof consoles -Ambient lighting systems -Small interior lamps -ISELED -Radomes
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 -Grille illumination systems -Multi-lens array
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 -Electronic lighting control components -Lighting actuators
Electronics Body electronics -Body control modules -Seat control modules -Interior control units -Closure 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
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.
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 andFaureciaannounced 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 andPlastic Omniumentered into a strategic cooperation.
Feb. 2019
The Company announced that it has opened a second electronics plant in India.
Aug. 2021
The Company andFaureciasigned an agreement on the combination of the two companies.
Feb. 2022
Faurecia completed the acquisition of the Company, acquiring 79.5% of the Company’s shares for EUR 5.3 billion. The Company and Faurecia also introduced Forvia, the name of the newly combined Group.