Herbert Smith Freehills advises a bank syndicate on the acquisition of HELLA by Faurecia

Leading international law firm Herbert Smith Freehills has advised a bank syndicate including Société Générale and Natixis, regarding the launch of a public tender cash offer by Faurecia, a  French car parts supplier and one of the world’s leading automotive technology companies, on HELLA, a German family-owned and listed company developing and manufacturing lighting technology and electronic products for the automotive industry, as well as its acquisition of its 60% stake from HELLA's family pool.

The transaction represents an estimated total enterprise value of 6.7 billion euros for 100% of Hella and gives rise to the seventh largest automotive technology supplier in the world.

The team involved in the transaction included partner Eric Fiszelson, of counsel Audrey Lesage and associates Cécile Alet and Louis Regnard in Paris, and partners Julius Brandt and Kai Liebrich, and associate Daniel Osmanovic in Frankfurt.