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AUO Corporation completes acquisition of Behr-Hella Thermocontrol GmbH (BHTC) to strengthen its position in smart mobility services

Apr 02, 2024

Acquiring Company

AUO Corporation

Acquired Company

Behr-Hella Thermocontrol GmbH (BHTC)

HsinchuLippstadtManufacturingInformation TechnologyAutomotiveManufacturingAutomotive

Description

AUO Corporation, a technology-oriented company, has successfully acquired Behr-Hella Thermocontrol GmbH (BHTC) to transition from a display supplier to a comprehensive solutions provider in the smart mobility ecosystem. This acquisition solidifies AUO's expansion into smart mobility, optimizes resource allocation, diversifies its product range, and enhances its position in the automotive industry.

Quick answer

AUO Corporation is acquiring Behr-Hella Thermocontrol GmbH (BHTC), announced April 2, 2024. AUO Corporation is based in Hsinchu, Hsinchu County, Taiwan.

How much did AUO Corporation pay for Behr-Hella Thermocontrol GmbH (BHTC)?
The deal value was not disclosed.
What does AUO Corporation do?
AUO Corporation is an innovative, technology-oriented company that offers products and solutions in smart mobility services, with a focus on display technology for automotive applications.
Where are AUO Corporation and Behr-Hella Thermocontrol GmbH (BHTC) based?
AUO Corporation is based in Hsinchu, Hsinchu County, Taiwan. Behr-Hella Thermocontrol GmbH (BHTC) is based in Lippstadt, Nordrhein-Westfalen, Germany.

Source: Fundz verified event record.

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Company Information

Company

AUO Corporation

Location

Hsinchu, Hsinchu County, Taiwan

About

AUO Corporation is an innovative, technology-oriented company that offers products and solutions in smart mobility services, with a focus on display technology for automotive applications. With the recent acquisition of Behr-Hella Thermocontrol GmbH (BHTC) in Germany, AUO is transitioning from a display supplier to a comprehensive solutions provider in the smart mobility ecosystem. AUO aims to continue its long-term strategies by leveraging synergistic benefits and vertical integration with BHTC, expanding its product range, and enhancing its position in the smart mobility ecosystem.

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Frequently asked

Who acquired Behr-Hella Thermocontrol GmbH (BHTC)?

Behr-Hella Thermocontrol GmbH (BHTC) was acquired by AUO Corporation, based in Hsinchu. The deal was reported on April 2, 2024. AUO Corporation is an innovative, technology-oriented company that offers products and solutions in smart mobility services, with a focus on display technology for automotive applications. AUO Corporation is privately held and operates in Manufacturing.

When did AUO Corporation acquire Behr-Hella Thermocontrol GmbH (BHTC)?

AUO Corporation's acquisition of Behr-Hella Thermocontrol GmbH (BHTC) was reported on April 2, 2024. AUO Corporation, a technology-oriented company, has successfully acquired Behr-Hella Thermocontrol GmbH (BHTC) to transition from a display supplier to a comprehensive solutions provider in the smart mobility ecosystem. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Behr-Hella Thermocontrol GmbH (BHTC) do?

Behr-Hella Thermocontrol GmbH (BHTC) is a world-class company with capabilities in research and manufacturing for smart mobility solutions, particularly in the automotive industry. It is privately held, operating in Manufacturing, and is based in Lippstadt.

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