Hella recently announced that it is restructuring its aftermarket business. It will align its aftermarket activity with its own original equipment competencies especially in the areas of lighting and electronics while closely linking them to the company’s workshop equipment expertise. The new mobility business is intended for tapping into the new digital business models. The company is planning to further expand its repair solutions business in the areas of diagnostics and calibration.
Dr Werner Benade, managing director of the aftermarket division at HELLA said, "With our restructuring of the aftermarket business and the provision of innovative solutions, we want to expand our position as strong partner for wholesalers and workshops while laying the foundation for further profitable growth. As a consequence, we will align our aftermarket activities even more strongly along our core competencies in the future."
As part of the restructuring initiatives, Hella and Mahle have agreed to fully transfer the existing thermal management business from Behr Hella service to the joint venture partner Mahle. Mahle specialises in selling cooling and air-conditioning products on the automotive aftermarket. It is looking to acquire the 50 percent share of Hella in the joint venture as of December 31, 2019.
Furthermore, Hella has already announced that they will sell the Danish and Polish wholesale companies FTZ and Inter-Team to the Swedish company Mekonomen in the near future.