HELLA agrees to sell 33.33% stake in HBPO to Plastic Omnium
Transaction is expected to close in Q4 2022
Plastic Omnium has announced in a press release on 28 July that it has signed an agreement with HELLA to acquire remaining 33.33% stake of modules business HBPO GmbH for an equity value of EUR290 million (USD306.70 million) enabling Plastic Omnium with complete ownership.
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