HELLA : Last Round of €8b Battle

French automotive suppliers Faurecia and Plastic Omnium are competing in the final bidding for a majority stake in German rival HELLA, people with knowledge of the matter told Bloomberg. HELLA’s founding Hueck family has asked for binding offers by to-morrow and could make a decision on a winner in the following days. Any deal could…

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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.