Deals

Hella Suitors Near Last Round of $9 Billion Battle

Mahle vies with Faurecia, Plastic Omnium for auto parts maker
Hella’s founding Hueck family seeks final offers by Aug. 11

Photographer: Liesa Johannssen-Koppitz/Bloomberg

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By Eyk Henning, Siddharth Philip, and Dinesh Nair

August 9, 2021 at 2:20 PM UTC

Updated on

August 10, 2021 at 1:34 PM UTC

This article is for subscribers only.

At least three suitors are competing in the final bidding for a majority stake in German automotive supplier Hella GmbH, people with knowledge of the matter said.

German car-parts maker Mahle GmbH and French rivals Faurecia SE and Cie Plastic Omnium SA are considering binding offers for Hella, the people said, asking not to be identified because the information is private. Hella’s founding Hueck family has asked for final bids by Aug. 11 and could make a decision on a winner in the following days, according to the people.