Menu

Hella to divest relay business to Chinese relay manufacturer Hongfa

News
Acquisition, divestment & Spinoff

The transaction is expected to close by the end of the year

HELLA has decided to sell its relay business to Chinese relay manufacturer Hongfa for 10 million euros (USD11 million), the company said in a press release on 12 November.

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload