BHTC
Automotive Parts · Germany · 1K - 5K Employees
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Overview
Headquarters
Hansastrasse 40, Lippstadt, Nordrhein-We...Phone Number
+49 492941666000Website
www.bhtc.comRevenue
$524.8 MillionIndustry
About BHTC
BHTC Org Chart
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BHTC Tech Stack
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BHTC News & Media
AUO completes acquisition of BHTC
On April 2, AUO completed its acquisition of Behr-Hella Thermocontrol GmbH (BHTC).AUO CEO Frank Ko on acquisition of BHTC
Panel giant AUO is targeting the automotive industry by acquiring BHTC, the company's first international acquisition. Frank Ko, CEO and president of AUO, admits his company was "quite jittery" when the acquisition was first announced, with automakers looking forward to AUO becoming a Tier 1 supplier.AUO's acquisition of BHTC to boost HMI development
With electronic vehicles (EVs) and autonomous driving gaining prominence, AUO has been actively expanding its smart mobility ecosystem, and projects revenue in automotive applications to reach NT$40 billion (US$1.23 billion) in 2023. Following the company's acquisition of BHTC, AUO aims to leverage this synergy in its automotive human machine interface (HMI) production, with revenue in this sector projected to account for 40% of the company's automotive revenue, surpassing that of traditional diAUO to acquire BHTC for EUR600 million, expanding global positions in smart mobility ecosystem
AUO Corporation announced on October 2 that it has entered into a definitive agreement under which AUO will acquire 100% equity interest in the German company Behr-Hella Thermocontrol GmbH (BHTC) at an enterprise value of EUR600 million (US$628 million). AUO continues to implement its biaxial transformation strategy, expand applications in vertical markets, and establish the value chain ecosystem.
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Frequently Asked Questions Regarding BHTC
Founded in 1999, Behr-Hella Thermocontrol GmbH (BHTC) is a worldwide climate control and thermal management company for the automotive industry. BHTC covers the entire process from product design to the production of complete climate control systems.... Read More