Plastic Omnium: Acquisition of Faurecia's Exterior Systems Business

LEVALLOIS, France--(BUSINESS WIRE)-- Regulatory News:

As announced, Plastic Omnium (Paris: POM) has completed today the acquisition of the Faurecia’s Exterior Systems business for an enterprise value of 665 million euros.

Strengthened by this strategic acquisition, Plastic Omnium will generate proforma economic sales around €7.5 billion in 2016.It now employs over 32,000 people and run 136 plants and 22 R&D centers worldwide.

Plastic Omnium is the world leader of automotive body parts and modules, as well as the world leader of waste collection containers for local governments and for businesses. The Group and its joint ventures have 32,000 employees working in 136 plants and 22 R&D centres in 30 countries worldwide. Plastic Omnium is listed on Euronext Paris, Compartment A, is part of the Paris Bourse's monthly settlement facility (SRD) and of the SBF 120 and CAC Mid 60 indexes (ISIN code: FR0000124570).

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Plastic Omnium
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Source: Plastic Omnium

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