Plastic Omnium to acquire Faurecia’s Exterior Systems business for €665 million

by / jeudi, 17 décembre 2015 / Published in Industrie

Compagnie Plastic Omnium signs a MOU (Memorandum of Understanding) with the Faurecia group to acquire its Exterior Systems business (bumpers and front-end modules) for an enterprise value of €665 million.65 million.

Faurecia’s Exterior Systems’ activity has €2 billion sales and employs 7,700 people in 22 industrial sites in Germany, France, Spain, Slovakia, North and South America. Half of the sales come from Germany where Plastic Omnium has no production site for this activity.


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