Faurecia and HELLA are very pleased to introduce FORVIA, the newly combined
Group’s name, following the successful completion of the acquisition of a
controlling stake in HELLA by Faurecia on January 31, 2022.
Resolutely looking FORward and committed to drive the mobility transition on
roads or VIAs, FORVIA is about the movement and the necessary agility as
well as the newly combined Group’s commitment, confidence and action.
FORVIA is uniquely positioned to grow and benefit from strategic drivers
transforming the automotive industry. Its vision for the future is built on
four pillars : safety, sustainability, advanced solutions and customized
experiences.
Patrick Koller, Chief Executive Officer of Faurecia, declared: “We are
FORVIA ! This new name reflects core elements of our Faurecia and HELLA
brands, as well giving a good translation of our shared purpose – inspiring
mobility. This new Group represents 150,000 talented individuals across more
than 40 countries inspired by one vision, speaking with one voice and
working as one team. As FORVIA, we are shaping safe, sustainable, advanced
and customized mobility for today’s and tomorrow’s generations.”
Rolf Breidenbach, Chief Executive Officer of HELLA, added: “FORVIA captures
the close cooperation between Faurecia and HELLA excellently. The name
embodies essential core aspects that have always distinguished both
companies – such as dynamism, vision, passion, solution orientation,
customer proximity and community spirit. At the same time, FORVIA is a clear
signal of a new start into a common future”.
FORVIA will have strategic oversight of Faurecia and HELLA, which will
continue to operate as two independent legal companies, closely
collaborating to create sustainable value for all stakeholders through
technology solutions and synergies generated in the best interest of both
companies.
Under FORVIA, both companies will keep their legal names as Faurecia SE and
HELLA GmbH & Co. KGaA. They will communicate under FORVIA used as an
umbrella name. Products will continue to be marketed and distributed under
their current brands.
About FORVIA
FORVIA comprises the complementary technology and industrial strengths of
Faurecia and HELLA. With over 300 industrial sites and 77 R&D centers,
150,000 people, including more than 35,000 engineers across 40+ countries,
FORVIA provides a unique and comprehensive approach to the automotive
challenges of today and tomorrow. Composed of 6 business groups with 24
product lines, and a strong IP portfolio of over 14,000 patents, Forvia is
focused on becoming the preferred innovation and integration partner for
OEMS worldwide. FORVIA aims to be a change maker committed to foreseeing and
making the mobility transformation happen.
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