Hella announced today that it is taking over its joint venture, Micron Engineering, in Neutraubling, Germany.
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The joint venture was established with Micron Electronic Devices in June 2004. Each company owned 50% of the shares. Hella will own 100% of the company and will retain the plant and its 50 employees.
In a statement Hella said that the joint venture had strengthened its competence in the development of chassis electronics. The plant location is a useful location for conducting product development work with vehicle manufacturers located in southern Germany.
