Faurecia and Hella combine forces in the aftermarket
By Marcus Williams2022-02-15T10:34:00
Faurecia has bought 79.5% of rival tier one supplier Hella and the companies are working together as Forvia and providing combined aftersales parts and services
Faurecia has bought 79.5% of rival tier one supplier Hella and together the companies are providing combined aftersales products and services, beginning with exhaust systems.
The companies said the move would reduce space and storage costs, and streamline logistics. “By jointly offering high-quality spare parts and services, we not only facilitate ordering and logistics processing for wholesalers and workshops, but above all ensure fast and profitable repair processes,” said Maryse Penny, Faurecia’s corporate strategy director.