Mahle and Forvia Hella announce that they have finalized the sale of their respective 50% stakes in their joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation, following approval by the relevant authorities, in accordance with the agreement of October 2.

This sale, based on an enterprise value of 600 million euros, is the result of constructive discussions between Mahle and Forvia Hella concerning the future positioning and direction of BHTC.

Specializing in air-conditioning and system solutions for the HMI (human-machine interface), BHTC currently employs around 3,100 people worldwide and has sales of 634 million euros in 2023.

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