Withdrawal From Joint Venture Agreement Sample Contracts

Withdrawal from joint venture:
Withdrawal From Joint Venture Agreement • March 1st, 2018

Stuttgart, March 1, 2018 – The MAHLE Group intends to sell its shares in the joint venture Hella Behr Plastic Omnium (HBPO) to fellow shareholder Plastic Omnium. The two parties signed an agreement effective today, Thursday, March 1, 2018. MAHLE is thus consistently pursuing its plan to focus on its strategic core business.