The European Commission have approved Faurecia’s acquisition of controlling interest in Hella. Following this last approval from regulatory authorities, all prerequisites are now satisfied for completion of the transaction with the Hella-owning Hueck Family pool announced on August 14, 2021 and for the settlement of the public takeover offer on Hella. Faurecia will acquire a…
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.