24.11.2015
HELLA KGaA Hueck & Co. DE000A13SX22
DGAP-News: HELLA KGaA Hueck & Co.: HELLA continues to grow wholesale business through acquisitions
DGAP-News: HELLA KGaA Hueck & Co. / Key word(s): Acquisition
HELLA KGaA Hueck & Co.: HELLA continues to grow wholesale business
through acquisitions
24.11.2015 / 08:45
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HELLA continues to grow wholesale business through acquisitions
- Wholesale organisation Nordic Forum systematically strengthened
- Share in market-leading Danish wholesaler FTZ increased to 100 percent
- Share in second largest wholesaler Inter-Team in Poland increased to
100 percent
Lippstadt, 24 November 2015. HELLA KGaA Hueck & Co., a globally leading
automotive supplier, operates one of the largest aftermarket distribution
organisations for spare vehicle parts, wholesale and garage equipment in
Europe. By taking over the remaining 21 percent in the Danish FTZ and 50
percent in the Polish company Inter-Team, HELLA has now significantly
strengthened the wholesale business. The two former joint ventures are now
fully owned by HELLA and part of the Nordic Forum, the organisation
steering the entire wholesale business in northern and eastern Europe.
"The aftermarket is an important cornerstone of our business model we want
to strengthen consistently. The wholesale activities are playing a crucial
role in this context," says Dr Rolf Breidenbach, CEO of HELLA.
FTZ Autodele & Værktøj A/S and INTER-TEAM Sp. z o.o. have a full service
offering for garages that goes beyond the spare parts business to include
highly accessible logistics, garage equipment, training and online
offerings. With sales of EUR 272 million in financial year 2014/2015, FTZ
is the Danish market leader and significantly ahead of its competitors.
Inter-Team generated largely domestic sales of about EUR 143 million over
the same period.
Going forward, the Nordic Forum in which HELLA has been combining the
wholesale activities of the group since 2009 will benefit from the full
integration of both companies. With about 2500 employees, the Nordic Forum
as central wholesale organisation within the HELLA group generated sales of
round about EUR 500 million in northern and eastern Europe - mostly in
Denmark, Norway and Poland - over the past financial year 2014/2015.
Please note:
This text is also available in our press database on: www.hella.com/press
HELLA KGaA Hueck & Co., Lippstadt: HELLA is a global, family-owned company,
listed on the stock exchange, with approx. 32,000 employees at 100
locations in more than 35 countries. The HELLA Group develops and
manufactures lighting technology and electronic components and systems for
the automotive industry and also has one of the largest retail
organizations for automotive parts, accessories, diagnostics, and services
within Europe. Complete vehicle modules, air-conditioning systems, and
vehicle electrical systems are also produced in joint venture companies.
With more than 6,000 people working in research and development, HELLA is
one of the most important innovation drivers on the market. In addition,
with sales of EUR 5.8 billion in fiscal year 2014/2015, the HELLA Group is
one of the top 40 automotive suppliers in the world and one of the 100
largest German industrial companies.
For additional information please contact:
Dr Markus Richter
Company spokesperson
HELLA KGaA Hueck & Co.
Rixbecker Straße 75
59552 Lippstadt
Deutschland
Tel.: +49 (0)2941 38-7545
Fax: +49 (0)2941 38-477545
[email protected]
www.hella.com
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24.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: HELLA KGaA Hueck & Co.
Rixbecker Str. 75
59552 Lippstadt
Germany
Phone: +49 (0)2941 38-7125
Fax: +49 (0)2941 38-6647
E-mail: [email protected]
Internet: www.hella.de/ir
ISIN: DE000A13SX22
WKN: A13SX2
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich,
Stuttgart; Regulated Unofficial Market in Berlin,
Dusseldorf
End of News DGAP News Service
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415575 24.11.2015
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