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-  04 December 2019

Plastic Omnium finalizes the disposal of non-industrial real estate assets for €128.5 million

Plastic Omnium today completed the sale of its non-industrial real estate assets to the real estate company Sofiparc, wholly-owned by Burelle SA, the holding company which also controls Plastic Omnium. As announced, the disposal was completed for an amount of €128.5 million.

This transaction is part of the rationalization of Plastic Omnium's asset portfolio, by valuing its non-industrial tertiary assets in a dedicated Burelle S.A. real estate structure. It helps strengthen Compagnie Plastic Omnium's financial structure.

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