Faurecia announced last week that their public-purchase offer launched from September 27 to November 11 will allow controling 79.5 per cent of the actions of Hella. Of this total, the 60 per cent held by Hella’s family shareholders were already acquired, as agreed in the acquisition agreement announced this past summer. To buy back 100…
Hector Fratty
Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.